In the run-up to the introduction of the Competition Ordinance in December 2015, and even since then, many businesses have been uncertain about what conduct would contravene the Ordinance. This uncertainty has been particularly problematic, given the severe sanctions that can follow from contravening the law.
The Competition Commission's guidelines give useful insights on what business conduct can contravene the law. But, as these guidelines themselves recognise, it is the Competition Tribunal, and not the Commission, that determines whether or not a business has acted illegally.
As we approach the fifth anniversary of the Competition Ordinance, we now have the benefit of several judgments of the Competition Tribunal, shedding light on what business conduct will be regarded as illegal. This webinar will highlight the main lessons that can be drawn from these judgments, and give practical tips on how to stay compliant with the Ordinance.