Competition Law
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30 Minutes
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For all staff
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EU
Concerted action, exchange of information or a meeting of minds between competitors can amount to illegal collusion, with substantial fines and prison sentences attached. This 30-minute course helps staff identify types of anti-competitive behaviour, recognise abuse of a dominant position by large businesses, and take the right action to prevent anti-competitive conduct arising in their own work.
The European Commission can fine up to 10% of worldwide group turnover, and national authorities pursue cases in parallel. Damages claims from customers follow the decision. Most infringements start informally, in a conversation nobody thought was significant. Training commercial and pricing staff on where the boundary sits is the only control that operates at the moment it is needed.