OECD Guidelines Chapter 10: Competition
Competition is important for a well functioning economy. Within applicable laws and regulations there should be as much competition as possible.
Some OECD recommendations are:
- Carry out your activities in a manner consistent with all applicable competition laws and regulations, taking into account the competition laws of all jurisdictions in which the activities may have anti-competitive effects.
- Co-operate with investigating competition authorities by, among other things and subject to applicable law and appropriate safeguards, providing responses as promptly and completely as practical to requests for information.
- Regularly promote employee awareness of the importance of competition and train senior management in relation to competition issues.
Additionally, refrain from establishing anti-competitive agreements, for example to:
- fix prices
- make rigged bids
- establish output restrictions or quotas
- share or divide markets by allocating customers, suppliers, territories or lines of commerce.
