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COMPETITION CLEARANCE POLICY Adopted or Amended By Whom Date Adopted Board of Directors 23rd February 2011 Reviewed Board of Directors 29th January 2013 Reviewed Board of Directors 3rd November 2015
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How to fill out competition clearance policy

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How to fill out competition clearance policy:

01
Start by gathering all relevant information and documents pertaining to your competition. This includes details about the products or services being offered, market analysis, and any potential anticompetitive behaviors.
02
Identify the purpose and scope of your competition clearance policy. Clarify what constitutes a competition concern and establish the guidelines and procedures for assessing and addressing these concerns.
03
Clearly outline the steps involved in the competition clearance process. This may include conducting a thorough analysis of the market, evaluating potential risks and benefits, and considering any implications for consumers or competition in general.
04
Develop a checklist or template to ensure consistency in the competition clearance process. This could include sections for documenting key information, conducting risk assessments, and obtaining necessary approvals from relevant stakeholders.
05
Incorporate mechanisms for ongoing monitoring and review of competition clearance decisions. This will help identify any potential changes or developments that may require revisiting the clearance policy and making appropriate adjustments.
06
Communicate the competition clearance policy to all relevant parties, including employees, management, and external stakeholders. Provide training and resources to ensure everyone understands their roles and responsibilities in complying with the policy.
07
Regularly update and review the competition clearance policy to align with changing market dynamics, legal requirements, and best practices in competition law.

Who needs competition clearance policy:

01
Companies or organizations operating in markets that are subject to competition laws and regulations.
02
Businesses involved in mergers, acquisitions, or collaborations that may have an impact on competition.
03
Companies expanding into new markets or launching new products/services that may have an effect on existing competition dynamics.
04
Government agencies or regulatory bodies responsible for overseeing and enforcing competition laws.
05
Legal and compliance teams involved in ensuring adherence to competition laws and ensuring fair competition in the marketplace.
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