Description

Competition Law

Our competition law courses provide an overview of the fundamental ideas of competition (or antitrust) law, which aims to limit predatory business behavior through competitive fairness and economic efficiency.

The certification evaluates candidates on their knowledge of competition law, including red flags — situations that indicate a risk of breaches and legal responsibility, enforcement, and civil and criminal fines linked with competition law violations.

There are many countries across the world, including the United States, Canada, and the European Union, that have established competition laws that forbid businesses from limiting competition via anticompetitive tactics such as price fixing, bid rigging, group boycotts, and market or customer allocation agreements.

The goal of these rules is to safeguard customers from predatory business practices by ensuring that the market remains competitive.

The presence of free and fair competition provides consumers with the highest quality goods and services at the lowest prices.

Antitrust laws protect consumers by prohibiting businesses from engaging in anti-competitive behaviors, which would limit competition and distort the market. Businesses would be free to use anti-competitive strategies if these prohibitions were lifted.

A violation of competition rules can result in significant financial penalties and harm to a company’s reputation, as well as criminal and civil penalties against the people involved.

Firms can avoid these expensive enforcement efforts by ensuring that all workers are aware of how competition laws impact their day-to-day jobs and how to identify and respond to situations that might lead to competition infractions.

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Global courses

Global Competition Law (Global)

This Competition Law class covers the fundamental concepts of competition law (or antitrust or monopoly law, as it is sometimes known), which aims to prevent predatory business practices by fostering fair competition and economic efficiency.

The training also focuses on “red flags,” or situations that indicate a risk of competition law breaches and enforcement, as well as civil and criminal penalties.

Competition Law (European Union)

This training program covers the fundamental ideas of Europe’s competition law and is required education for workers at businesses operating in or with Europeans.

Antitrust Essentials (US)

This course explains the basic concepts of US antitrust laws and provides crucial training for employees of firms that do business in or are based in the United States.

Competition Act (Canada)

This course explains the basic principles of Canada’s Competition Act and offers essential training for workers of firms that are situated in or operate in Canada.

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Learning Objectives:

After completing this course, you will be able to:

• Understand the goals of competition law and identify when a business might be in violation
• Recognize common red flags that could lead to a breach of competition law
• Understand the potential penalties for violating competition law
• Identify methods by which businesses can comply with competition law and avoid penalties

It is important for businesses to understand and comply with competition law to avoid hefty fines and other penalties. By taking a course on competition law, employees will be better equipped to identify and handle situations that could lead to a violation of these laws. Topics covered in these courses include the goals of competition law, common red flags, potential penalties, and methods of compliance. Understanding competition law is essential for any business that wants to avoid costly sanctions.

 

 

 

 

 

 

 

 

 

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