Economic Torts are torts for which employers can sue trade union officials or members who are taking part in industrial action. The main such torts are those of conspiracy, inducement of breach of contract, and watching and besetting. The Economic Torts provide the common law rules on liability for the infliction of pure economic loss. They include the torts of conspiracy, inducing breach of contract, intimidiation, unlawful interference with trade, deceit and malicious falsehood.
These torts represents the common law's attempt to balance the need to protect claimants against those who inflicts economic harm and the wider need to allow effect, even aggressive, competition(including competition between employees and their workers).
Tort law is distinguished from the law of contract, the law of restitution, the law of equity and the criminal law.
The law of torts therefore aims to restore the injured person to the position he or she was in before the tort was committed (the expectation or rightful position principle).
Some torts are strict liability torts, in that the plaintiff may recover by showing only that the wrong took place, and that the defendant committed the wrong — there is no need to show the defendant's state of mind or that the defendant breached a duty of due care.