Competition and antitrust laws—code of ethics

Copyright © 2025 LexisNexis
Published by a LexisNexis Risk & Compliance expert
Precedents

Competition and antitrust laws—code of ethics

Copyright © 2025 LexisNexis

Published by a LexisNexis Risk & Compliance expert

Precedents
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We are strong but fair competitors. We compete vigorously, but also with integrity and in compliance with applicable competition laws. Those laws are designed to protect businesses and consumers from anti-competitive behaviour, and to safeguard effective competition.

Competition laws prohibit ‘restraints of trade’, including certain types of agreements or conduct involving competitors, customers or suppliers, or even a single company with a dominant market position.

The following are examples of potentially illegal conduct:

  1. •

    competitors agreeing or taking joint actions regarding:

    1. —

      prices, terms, or bids;

    2. —

      product or territory allocations or divisions;

    3. —

      selection of customers

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Jurisdiction(s):
United Kingdom
Key definition:
Antitrust definition
What does Antitrust mean?

EU competition rules prohibiting agreements and concerted business practices which restrict competition, as well as the abuse of dominance.

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