Price Fixing – Traps For The Unwary

This insight looks at various forms of price fixing that sometimes take place in the context of commercial agreements, and the very serious risks such behaviour can cause. Most businesses do not consciously set out to infringe competition law by engaging in price fixing; it is more often something they fall into through lack of awareness while seeking to protect their brand and promote their business's interests. Increasing awareness of competition law is a relatively easy way to avoid the serious consequences of going wrong.

Competition law protects businesses and their customers from practices that prevent, restrict or distort competition, helping to ensure a level playing field for businesses on the one hand, and value for customers on the other.