How Can Businesses Avoid Anti-Competitive Conduct?
Businesses can take several steps to avoid engaging in anti-competitive conduct:
1. Compliance Programs: Implementing comprehensive compliance programs that educate employees about antitrust laws. 2. Internal Audits: Regularly conducting internal audits to ensure that business practices align with legal requirements. 3. Legal Counsel: Seeking advice from legal experts before making strategic decisions that could potentially affect market competition. 4. Transparency: Maintaining transparency in dealings with competitors, suppliers, and customers to avoid any appearance of collusion.