Which type of tort happens when you unfairly damage another company's reputation?

The type of tort that occurs when you unfairly damage another company's reputation is called defamation. This can take the form of slander, which involves spoken statements, or libel, which involves written or published statements. To establish a defamation claim, the affected company must prove that the statements were false, damaging, and made with negligence or actual malice. Defamation can lead to significant legal consequences and financial penalties for the party responsible.