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Competing Globally |
The competition laws (known in some countries as anti-trust laws) are a critical part of global business environment in which Jacques de Nissi (EXIM) business operates. They govern a wide range of Jacques de Nissi (EXIM)’s business activities, including setting prices, purchasing, selling and marketing goods and services. Every Jacques de Nissi (EXIM) employee is responsible for complying with the competition laws.
- Complying with Competition Laws Policy Overview
Jacques de Nissi (EXIM) is dedicated to compliance with the competition laws in all of its activities. As part of its competition law compliance program, your business will provide materials and instructions detailing how the competition laws and this policy apply to the issues you might face. Competition law issues may be very complex. As such issues arise; you should review this policy and discuss any issues with company Business Legal Counsel.
Core Requirements
Comply with all applicable competition laws, policies and treaties, as well as competition law decrees, orders and undertakings affecting Jacques de Nissi (EXIM) and its employees.
- Learn and comply with your business' specific procedures that address contacts with competitors, obtaining and handling data concerning competitors, and participating in trade associations, professional societies, and standards development and product certification organizations.
- Do not propose or enter into any agreements or understandings-express or implied, formal or informal, written or oral-with any competitor regarding any aspect of the competition between Jacques de Nissi (EXIM) and the competitor for sales to third parties.
- Do not propose or enter into any agreements or understandings with customers which restrict the price or other terms at which the customer may resell or lease any product or service to a third party.
- Do not propose or enter into any agreements or understandings with suppliers which restrict the price or other terms at which Jacques de Nissi (EXIM) may resell or lease any product or service to a third party.
- Consult with company Business Legal Counsel early in the process of evaluating any proposed merger, acquisition or joint venture.
- Consult with company Business Legal Counsel in connection with business arrangements that could raise competition law issues, including:
- Exclusive arrangements for the purchase or sale of products or services
- Bundling of goods and services
- Agreements that restrict a customer's choices in using or reselling a Jacques de Nissi (EXIM) product or service
- Technology licensing agreements that restrict the freedom of the licensee or licensor
- Selective discounting
- Distribution arrangements with competitors
- Agreements to add a Jacques de Nissi (EXIM) employee to another entity's board of directors
What Jacques de Nissi (EXIM) Employees Are Urged To Watch For
Discussions or agreements with competitors on:
- Price
- Terms or conditions of sale
- Costs, profits or profit margins
- Product or service offerings
- Production or sales capacity or volume
- Market share
- Coordination of bidding activities
- Dividing sales territories or allocation of customers or product lines
- Any contacts with competitors that could create the appearance of improper agreements or understandings, whether the contact is in person, in writing, by telephone, through e-mail or through other means of electronic communication
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