Managing the competition risks of communication between competitors

Abstract

Purpose

The study sets out to report and comment, from a competition law perspective, on communication between competitors.

Design/methodology/approach

The study outlines the facts and presents an opinion.

Findings

The study finds that communications between competitors can give rise to serious competition risks. Such risks can be managed by putting in place a compliance programme. Such a programme should make employees aware of topics to avoid and topics that are safe to discuss.

Originality/value

The study shows how employees need to be aware of when an issue falls within a grey area of potentially problematic issues, so that they may seek advice where required. In competition law, prevention is better than cure.

Citation

Houwen, F. (2007), "Managing the competition risks of communication between competitors", Journal of Financial Regulation and Compliance, Vol. 15 No. 3, pp. 327-330. https://doi.org/10.1108/13581980710762309