This online training course on anti-trust looks at how global organisations and their associates can prevent anti-competitive behaviour and adhere to competition laws relevant to their location.
It is set in out engaging Take 5 microlearning style and is designed to maximise learner engagement and knowledge retention.
The course will improve learner awareness of issues surrounding competition laws particularly for global organisations and help take the right decisions to minimise the risk.
In particular, learners will understand how to ensure compliance with regulation and prevent risking a breach of anti-trust and competition laws.
Learners go behind the scenes at Zekrom Metals, a fictional global manufacturing company, selling products to distributors and retailers around the world. As a recently promoted Sales Manager in charge of advising sales staff on anti-trust and compliance, the challenge is to work with your associate Miah and respond correctly to queries on preventing anti-competitive behaviour. During the challenge, learners will collect a compliance token each correct advice. Learners need to collect 12 compliance tokens to pass the course.
| Number of Learners | Cost (per year) | |
|---|---|---|
| 1 - 10 | ||
| 11 - 20 | ||
| 21 - 50 | ||
| 51 - 100 | ||
| 101 - 150 | ||
| 150+ | ||
| Number of Learners | Cost (per year) | |
|---|---|---|
| 50 - 100 | ||
| 101 - 200 | ||
| 201 - 300 | ||
| 301 - 400 | ||
| 401 - 500 | ||
| 501 - 750 | ||
| 751 - 1000 | ||
| 1001 - 2500 | ||
| 2501 - 5000 | ||
| 5000 - 10,000 | ||
| 10,000 + | ||
Included Features
Anti-trust laws, also known as competition laws, are important laws affecting business and sales operations. Their goal is to maintain fair and honest competition and protect society from anti-competitive practices. Anti-trust laws are particularly designed to protect customers and promote fair practices that will encourage competition. Failure to prevent anti-competitive behaviour within your organisation could lead to huge financial costs, loss of business, damage to reputation and even criminal proceedings for the organisations and individuals.
Anti-trust laws are regulations designed to discourage anti-competitive behaviour and encourage competition by limiting the market power of any particular organisation. Some examples of anti-competitive behaviour include price fixing, competition suppression and collective boycotting. It is estimated that approximately 60 per cent of the countries in the world have anti-trust and competition laws.
Anti-trust laws protect and promote healthy competition within all industries of the economy. While anti-trust laws may differ in different parts of the world, the main goal of these laws is ensuring businesses are competing fairly. The trust in anti-trust refers to organisations that team up to form a monopoly in the market and dictate pricing.
Anti-trust laws exist to enable businesses to put customers first. If it is found that a business colludes with others to engage in price fixing, market sharing or collusive bidding, they are breaching anti-trust laws. Consequences include heavy fines and imprisonment for individuals, legal costs for the business and damage to reputation.
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