Fair Competition laws protect free enterprise by ensuring vigorous competition and prohibiting activities that restrain trade. Fair competition laws vary from country to country, but they commonly prohibit or regulate business practices that would be expected to cause prices of goods or services to be higher, or availability or choices to be less, than would be the case in a competitive market. For example, in some countries, fair competition laws may prohibit or regulate practices such as price fixing and agreements between competitors not to compete in particular markets or businesses. We are committed to doing our part to preserve free enterprise by requiring all associates to comply with fair competition laws. For specific information on local laws such as these, please consult your country’s Legal Department.
|
|
|
|
|
|
Q & A
An industry trade association has contacted me about participating
in a benchmarking study for members of their association. This seems like a good
way to obtain information about our competitors. Should we participate?
There is nothing wrong with participating in industry benchmarking activities; however,
this should not be used as a means to uncover confidential information on competitors.
|
|
|
|