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Can I Sue a competing business for intentionally purchasing negative seo services to harm my online business?

I run a prosperous online business. My whole business revolves around getting customers online. My customers find me through searching on Google. So basically, my whole business succeeds as long as my business website is ranking on Google. Recently a competitor purchased negative seo services from a third party to purposely damage my rankings on Google so they can get more of my customers. Its costing me around 50 to 100K in lost revenue every month. Is there a law that protects me from this and can I sue my competitor for damages? Note: I'm not trying to sue Google. I want to sue my competitor for purposely and maliciously paying money to damage my online business's rankings.

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