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Competitors and competition

There's nothing wrong with healthy competition, but when it becomes targeted towards your business or is damaging your livelihood that's when we step in.

Protection

Avoiding any risk of becoming a cartel

Any size business needs to be aware of competition law as failure to comply can have serious consequences.  Firms showing anti-competitive behaviour risk being fined up to 10% of global turnover as well as exposing themselves to possible damages litigation. Individuals could also be disqualified from being a Director and even face criminal charges. Cartel behaviour is the most serious form of anti-competitive behaviour and carries the highest penalties.

Our Commercial legal team can walk you through all aspects of Competition Law and make sure your business is compliant.

Ensuring business contracts are not anti-competitive or restrictive

Any size business needs to be aware of competition law as failure to comply can have serious consequences.  Firms showing anti-competitive behaviour risk being fined up to 10% of global turnover as well as exposing themselves to possible damages litigation. Individuals could also be disqualified from being a Director and even face criminal charges. Cartel behaviour is the most serious form of anti-competitive behaviour and carries the highest penalties.  
 
Our Commercial legal team can walk you through all aspects of Competition Law and make sure your business is compliant. 

Restrictive covenants and non compete clauses

Employers often choose to include restrictions within employment contracts to prevent previous employees using the knowledge gained whilst working for you. Sometimes restrictive convenants and non compete clauses cannot be imposed, so it's wise to check the restrictions in your contracts are legally compliant and enforceable, to ensure your business remains fully protected.

If you're unsure or would like us to check out your contracts, please get in touch.

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