Fair Competition

Why?

We thrive best in markets that are fair and open. Around the world, competition laws are being strengthened and more rigorously enforced. Breaching these rules could have serious consequences for companies and employees.

Our Commitments

  • We believe in fair and open markets and comply with all competition and antitrust laws applying to our business.
  • We communicate truthfully and accurately about products and services and gather market intelligence only from legitimate sources.
  • We set our pricing independently, based on our costs, market conditions and competitiveness.
  • We never seek to coordinate with competitors, suppliers, customers or distributors in ways that could unfairly limit competition in the market. This includes price arrangements, market or customer allocations, or restricting supply.

Your Role

  • Never share commercially sensitive information with competitors – including pricing, strategies, bids, contractual terms, wage data and discount strategies.
  • Avoid any discussions with competitors that could be interpreted as anti-competitive, whether in business settings or informal social interactions.
  • Seek legal pre-approval before entering into any arrangements that may raise competition concerns, such as joint bids, benchmarking, exclusive dealings, or sustainability collaborations.
  • Always seek advice from the Legal team if you have any questions or concerns regarding fair competition or before entering into any of the following: product bundling, exclusive arrangements, refusal to supply or agreements with a competitor.

Always Remember

Illegal anti-competitive agreements can be entered in writing or verbally, or be implied by remaining silent when others agree on a course of action. Even a well-intentioned collaboration can cross the line. If in doubt, pause and consult Legal.

Other topics in Fair & Legal Business section