EU Competition Law (Basics)
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At a glance
Most countries around the world have competition laws; the European Union is no different. And when it comes to violating those competition laws, the stakes can be high, putting both employees – and the organisations they work for – at risk.
EU Competition Law (Basic) introduces the key concepts behind the main EU competition laws. The course focuses on the unfair practices that can prevent, reduce or eliminate competition. Coverage includes dealing with competitors, navigating high-risk situations and best practices for avoiding anti-competitive behaviours. Throughout the course, employees learn not only to identify activity that could violate the law, but also to report it.
Competition laws are critical to a free and open market. Understanding them can help to ensure employees do their part to maintain fair, healthy competition – and comply with the law. Advanced version also available.
Key concepts covered in this course:
- The purpose of competition laws and the benefits of healthy competition
- The variety of forms that anti-competitive activity can take
- Illegal arrangements with competitors, including price fixing, bid rigging, dividing markets and refusing to do business
- The risks of exchanging information with competitors
- How to identify and respond to improper agreements
- Guidelines for interacting at tradeshows, conferences and other industry events
- Risks associated with the competitive bidding process and how to avoid them
- Signs of bid rigging
- Who can be considered a foreign official
- The value of preparing in advance for situations involving competitor interactions
- The importance of keeping confidential information confidential
- Expressions and phrases to avoid in written communication
- The importance of speaking up about suspected anti-competitive activity
- Review of the critical role employees play in complying with EU competition laws and organisational policies
- An opportunity to review key policies and certify course completion