Posted: November 30 2009
The
Competition Authority has published a Guidance Notice on Activities of Trade
Associations and Compliance with Competition Law to inform the business
community and trade associations of the limits that competition law places on
joint or co-ordinated action by competitors.
The
Authority stated recently that while it realises that trade associations can
play a “productive, pro-competitive role in the development of a sector, thus
promoting the efficient functioning of the market... it has often encountered,
in the course of its enforcement activities, situations where trade
associations have been used to restrict competition, either by co-ordinating
such activity or by providing competitors with the opportunity to meet and form
anti-competitive agreements”.
As
a result, this notice, using hypothetical and past competition enforcement
examples, discusses the application of competition law to a variety of
activities of trade associations and their members.
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