How does an international business comply with anti-trust laws?

International businesses must comply with applicable anti-trust laws in order to protect competition and the public’s interest in areas of business, commerce, and industry. Anti-trust laws, especially in California, seek to prevent and punish monopolies, anticompetitive market practices, and other restrictions on competition. Compliance with anti-trust laws requires businesses to abide by a set of behaviors that do not unreasonably restrain competition within domestic and international markets. Companies should evaluate their business practices to ensure they are not engaging in any type of behavior that could be deemed anticompetitive. Examples of activities that are prohibited under anti-trust laws include price fixing, tying arrangements, exclusive dealing contracts, bid rigging, and agreements to limit production or sales. It is also important to be aware of any activities that are illegal under California’s Unfair Competition Law as well. Businesses should also have a compliance plan in place that outlines the different procedures they will take to ensure they are in line with all applicable anti-trust laws. This should include introducing appropriate training and monitoring systems. It is also best practice to have an Anti-Trust Legal Counsel to provide sound legal advice and guidance and review any proposed activities to ensure compliance.

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How does an international business comply with anti-trust laws?

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