U.S. consumers are a powerful group that can easily make or break a company’s success - especially since a company’s missteps can quickly travel from the online realm into the real world.
Moreover, when businesses run afoul of the Federal Trade Commission’s antitrust laws by removing competition through the formation of monopolies, price-fixing, and making other agreements between competitors, consumers respond with lawsuits.
While many people think of monopolies as the sole target of antitrust laws, private antitrust litigation often arises from alleged anti-competitive practices. Underlying allegations might involve claims such as price-fixing, price discrimination, trade restraint, and patent and intellectual property misuse.
Whether filed by the Federal Trade Commission, businesses, or individuals, litigation of antitrust claims is expensive, involves substantial discovery, and sometimes turns into an even more significant class action matter. Law firm funding provides the resources to meet the firm's financial needs for litigation or firm operations.
Pravati Capital provides the resources to meet these financial hurdles head on!
Common Challenges of Antitrust Litigation
Antitrust litigation can take years to resolve through the court system. There is often significant money at stake that companies fight hard to protect. Businesses may risk insolvency in the event of an unfavorable verdict or settlement.
At the same time, consumers demand the economic freedom that flows from a competitive marketplace. Without private litigation over the principles of antitrust laws, those disaffected by antitrust behaviors and companies who are being unfairly targeted would only have federal or state government regulatory agencies to protect them.
Taking on a class action suit can be a wise decision, but it can bring a sense of financial insecurity as the case is litigated. Settlements can drag on for years before payments are issued, forcing companies to accept low-ball settlements that hurt both the complainants and the lawyers.
Few lawyers and plaintiffs have the patience and financial security to wait out the deep pockets of the companies accused of breaking antitrust laws. With litigation funding, lawyers can ensure they have the resources to push forward to a just settlement.
When firms work with Pravati Capital, our underwriters determine whether the case is strong enough to warrant an advance of capital.
Firms can use the money as needed, including:
- Research and study.
- Hiring extra help.
- Securing expert witnesses.
- Maintaining offices in popular areas.
- Advertising and Marketing.
- Taking on high-profile cases on a contingency basis.