Antitrust Law: Penalties and Measures
Über den Vortrag
Der Vortrag „Antitrust Law: Penalties and Measures“ von Lecturio Online Courses ist Bestandteil des Kurses „Antitrust Law – Instruction“.
Quiz zum Vortrag
The managers of two independent petrol stations in rural areas agree to implement a price adjustment. They want to strengthen their competitiveness against the big brand competition. Does this behavior constitute a violation of antitrust law?
- Yes
- No
What are the possible consequences of an antitrust offence for a company? (Several answers are possible.)
- Fines of up to 10 % of the company's turnover
- Cartel damages claims from customers
- Damage to image and loss of trust among customers
- Obligation of executives to attend antitrust law training courses
- Obligation to disclose internal business practices on an annual basis
You are at a trade fair and are talking to representatives of your competitors. During the conversation, two representatives talk about jointly raising the prices of machine parts by around 15%. You don't say anything because the conversation makes you uncomfortable. The prices have not yet been increased. What consequences can you expect? (Only one answer is correct.)
- All participants can be penalised for a cartel, including you.
- Only your competitors can be penalised, as you were not involved in the conversation.
- Nobody is being penalised because prices have not been raised yet.
- The trade fair organiser is being punished for preparing the ground for cartel agreements.
You hear your colleague talking to a competitor's employee: The two of them are discussing their prices for a new tender, but not making any concrete agreements. How do you react? (Only one answer is correct.)
- You immediately go to your superiors and report the incident.
- You do nothing, as such discussions are standard in the industry.
- You take part in the dialogue in order to obtain more information about the planned tender.
- You recommend that your colleague hold similar discussions with other competitors in order to gather even more price information.
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Dozent des Vortrages Antitrust Law: Penalties and Measures
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