Competition Law training courses for your Employees
Competition Law Training
Our Competing Fairly training course is designed to help learners recognise how competition law can affect organisations, and also how to work with suppliers, competitors, and customers fairly so as to avoid a regulatory breach. The course, which takes around an hour to complete and is currently available in multiple languages, breaks competition law down into three easy-to-digest modules: what competition law is, an exploration of competition law offences, and a closer look at the competition law investigation process.
Each module in this competition law training course is followed by a short quiz designed to assess learners' retention of key learning points and reinforce any areas in need of additional work. What's more, at every step of the way throughout this competition law course, learners' have access to a 'drawer' icon where key resources mentioned in the module can be quickly accessed and reviewed.
The global version of this course is available in 18 alternative languages.
All our competition law training courses are available off-the-shelf for ease of use; we can also work with your subject experts to tailor the approach and information to suit your organisation's requirements. Using the Adapt Authoring Tool you can even modify our courses yourself.Read More
Competition Law Courses
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Why do you need Competition Law Training?
Any business, regardless of size or sector, must recognise the importance of training their staff on the significance of competition law. This is the legislation put in place to regulate and maintain fair market conditions for all companies. It ensures that corporations don't abuse their position in the market or enter into anti-competitive agreements with customers, competitors, or suppliers.
Failure to comply with competition law can have very serious consequences for organisations. High fines (up to 10% of company turnover) and criminal prosecutions are no longer out of the ordinary, and company directors will often be forced to answer for their company's actions – potentially facing disqualification from the industry themselves.
What does competition law do?
Competition law ensures that practices which are detrimental to economic growth, freedom of trade, and consumer rights are restricted and, in many cases, prohibited. These regulations limit anti-competitive practices, especially from powerful organisations, and stop companies from abusing their position and/or strategically limiting other competitive forces. In short, competition law ensures that organisations remain enterprising and innovative, and that consumers are the ones to reap the benefits of these practices.
What is unfair competition?
Acts of unfair competition are those which unfairly and purposefully hinder the free market. They can be characterised by deception, fraud, attempting to monopolise, or by being otherwise oppressive toward free trade and commerce practices. Some examples of unfair competition include false advertisement, trademark infringement, false representation, unfair pricing, and counterfeiting.