The lowdown: competition law
Mistakes can lead to hefty fines - and even prison sentences
If you are in business producing, supplying or distributing goods or services, then competition law will apply to you. Mistakes in the area of competition law can lead to hefty fines and even prison sentences, as well as void and unenforceable agreements.
So, when taking your first steps in business, bear a few key principles in mind in order to remain on the right side of the law. Competition law covers agreements that ...