Table of Contents
What are three types of anti-competitive conduct?
Types of anti-competitive activity
- price fixing.
- bid rigging.
- sharing markets or customers.
- sharing commercially sensitive information.
How can anticompetitive practices be prevented?
Staying compliant with competition law
- Avoid conversations on pricing, strategy, territory & customers.
- Lookout for anti-competitive practices.
- Size doesn’t matter.
- Anti-competitive behaviour isn’t just price fixing.
- Put anti-competition law training in place.
- If you make a mistake, come clean.
What are anticompetitive business practices?
Anticompetitive practices include activities like price fixing, group boycotts, and exclusionary exclusive dealing contracts or trade association rules, and are generally grouped into two types:
- agreements between competitors, also referred to as horizontal conduct.
- monopolization, also referred to as single firm conduct.
What is anti-competitive behaviour with examples?
Examples of anti-competitive behaviour include cartel conduct, anti-competitive agreements, exclusionary provisions (boycotts), misuse of market power, exclusive dealing and resale price maintenance.
What are the 3 primary statutes laws governing the FTC’s competition mission?
The three major Federal antitrust laws are: The Sherman Antitrust Act. The Clayton Act. The Federal Trade Commission Act.
What are the FTC’s responsibilities?
The FTC’s mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity.
Which of the actions below can be considered examples of anti-competitive practice under any circumstance?
What are the prohibited anti-competitive agreements?
ANTI-COMPETITIVE AGREEMENTS Per se prohibited agreements are agreements between or among competitors that restrict competition as to price or other terms of trade, or that fix the price and terms of engagement at an auction or bidding.