Introduction
It is the Association’s policy to comply with all UK and EU competition laws both in letter and spirit.
This policy applies to anyone acting on (i) the ICMSA’s behalf; and (ii) behalf of an ICMSA member.
Members are reminded that UK and EU competition laws apply to their business activities, actions and communications, including the actions, activi.
Is there a legal ban on competitors meeting each other?
There is no legal ban on competitors meeting each other.
But there are strict competition law rules and penalties where such meetings result in a breach of competition law.
The seriousness of these penalties should not be underestimated:.
Trade Associations & Competition Law Issues
Trade associations, such as the ICMSA, are legitimate, important bodies, which advance issues of common interest to the industry.
However, as the ICMSA includes members who are competitors, we must be vigilant to ensure that participation in the Association complies with competition laws at all times.
Competition law violations can lead to signific.
UK and EU Competition Laws
UK and EU competition laws prohibit arrangements between undertakings and decisions by associations of undertakings, which have as their object or effect the prevention, restriction or distortion of competition and which may affect trade in the UK / between EU member states.
Competition laws are not limited to formal contracts and agreements; rathe.
What are the key recommendations of the Competition Law Review Committee?
The key recommend
ations of the Competition Law Review Committee are:a.
Introduction of a ‘Green Channel’ for combination notifications to enable fast-paced regulatory approvals for vast majority of mergers and acquisitions that may have no major concerns regarding appreciable adverse effects on competition. What is a competition law conference?
This is a conference with no agenda other than contributing to the understanding and the refinement of our discipline.
Every year it brings together a balanced mix of competition law experts from public institutions, academia and private practice genuinely interested in discussing substance.
What should I know about competition law?
Equally, remember that the competition law rules apply to social events and encounters; Seek advice on competition law only from a qualified competition lawyer – no-one else can give privileged confidential legal advice; Do obtain legal advice prior to any meeting or discussion with competitors.