Introduction
It's known that the management of each company must exercise
effective supervision over the implementation of the compliance
program with the competition laws. Competition violations can take
various forms, and they can be made in very different
circumstances. Not only written agreements may be illegal, but also
verbal agreements or concerted practices. Surprising is the fact
that even the mere presence in a context in which exchanges of
information, discussions or anticompetitive offers take place can
expose the company to the risk of applying a penalty by the
Competition Council.
Thus, in the interest of both consumers and businesses, national
authority, the Competition Council and The European Union (EU) have
rules to outlaw cartels that fix prices or carve up markets between
competitors. Those rules prevent firms from abusing their dominant
position in a market, for example by charging unfair prices or
limiting production.
