As businesses worldwide implement remote working on a scale that most have never experienced before, it is important not to lose sight of competition law compliance when switching to this new environment.
- Contact with competitors
We all have friends – often former colleagues – working across many different sectors; some may work for your direct competitors or up/downstream of your business. As tempting as it might be to discuss how your respective businesses are responding to the economic challenges of COVID-19, it is important to remember not to share any commercially sensitive information – particularly relating to future pricing intentions, geographical areas of focus, capacity or strategic intentions. Anti-competitive conduct remains prohibited and could lead to criminal sanctions, including potentially on individuals.