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SASKATCHEWAN ROOFING CONTRACTORS ASSOCIATION Competition Compliance Program July 2009-Page 1 Table of Contents INSTRUCTIONS 2 1. INTRODUCTION 3 1.1 Purpose 3 1.2 Commitment to Compliance 3 1.3 Member

How to fill out competition compliance program

How to fill out a competition compliance program:

Review the relevant laws and regulations:

1. Familiarize yourself with the antitrust laws and regulations that apply to your industry and geographic location.
2. Understand the key concepts and prohibitions, such as price fixing, market allocation, and unfair competition practices.

Conduct an internal risk assessment:

1. Assess your organization's activities, operations, and relationships to identify potential competition law risks.
2. Determine which business practices and agreements may raise compliance concerns, such as partnerships, collaborations, or pricing strategies.

Establish appropriate policies and procedures:

1. Develop clear and concise policies and procedures that address competition law compliance.
2. Include guidelines on how employees should conduct themselves and engage in business activities to ensure compliance.

Train employees:

1. Provide comprehensive training to employees at all levels of the organization.
2. Educate them about the basics of competition law, the consequences of non-compliance, and the importance of reporting potential issues.

Implement a reporting and investigation mechanism:

1. Establish a confidential reporting mechanism for employees to raise concerns or report potential competition law violations.
2. Develop a process for investigating reported concerns and taking appropriate action.

Regularly monitor and review compliance:

1. Set up a system to monitor compliance with competition laws on an ongoing basis.
2. Conduct periodic reviews, audits, and risk assessments to identify any areas of non-compliance and address them promptly.

Who needs a competition compliance program:

Businesses operating in competitive markets:

1. Any company that participates in a market where competition laws apply should have a competition compliance program.
2. This includes companies in sectors such as manufacturing, retail, technology, finance, and healthcare.

Companies with international operations:

1. Organizations conducting business internationally should establish a competition compliance program.
2. Different jurisdictions may have varying competition laws, making it essential to ensure compliance across borders.

Companies involved in mergers and acquisitions:

1. Companies engaging in mergers, acquisitions, or other strategic alliances should have a competition compliance program.
2. These transactions may require approval from antitrust authorities and necessitate compliance with competition laws.

Companies with significant market power:

1. Entities that hold a dominant position in a particular market should have a competition compliance program to prevent potential abuse of that power.
2. Such companies are more susceptible to scrutiny and enforcement actions by competition authorities.

For pdfFiller’s FAQs

What is competition compliance program?

A competition compliance program is a set of policies and procedures designed to ensure that a company or organization complies with competition laws and regulations.

Who is required to file competition compliance program?

Companies and organizations that are subject to competition laws and regulations are required to file a competition compliance program.

How to fill out competition compliance program?

A competition compliance program can be filled out by following the guidelines provided by the relevant competition authority or by seeking assistance from legal experts.

What is the purpose of competition compliance program?

The purpose of a competition compliance program is to prevent anti-competitive practices and ensure compliance with competition laws.

What information must be reported on competition compliance program?

Information such as details of the company's competition law compliance policies, training programs, monitoring mechanisms, and any instances of non-compliance must be reported on the competition compliance program.

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