Economic Torts - Tort Law
The concept of economic torts has served to establish the rules in relation liability for the infliction of ‘pure economic loss’ from business relationships by serving to protect people from having their businesses interfered with . But, whilst this area has since largely been consumed by statutory enactments in labour and competition laws, such an affinity of competition law with the principles of tort is still likely to be considered to be aptly illustrated by the decision in Mogul Steamship Co. Ltd v. McGregor, Gow & Co. (1889) LR 23 QBD 598 where the plaintiffs argued the chinese tea market had become untenable due to universal underpricing that was ultimately considered lawful by the courts at the time when it would now mowst likely be looked upon as criminal.
Morevoer, in matters of labour law, the decision in Taff Vale Railway v. Amalgamated Society of Railway Servants [1901] AC 426 serves as an effective illustration where it was held in this case that trade unions should be held liable in tort for helping workers go on strike. However, this decision was particularly significant because it angered workers so much that it led to the enactment of the Trade Disputes Act 1906, but did not prevent further torts from being utilised against the power of the trade unions, illustrated by the decision in Rookes v. Barnard [1964] AC 1129.
Visitors have also looked at...
1Law Essay Scams
Essay writing scams can be hard to spot.
Click here to find out how to avoid the essay scams2Essay writing in the press
Find out what the press say about essay writing in the 21st century.
3 Meet the Law Essays UK Team
Find out more about the individuals that provide this first class essay writing service.
Law Essays UK - world's only dedicated personalised law model answers service.
