Duration: 30-45 minutes
Understanding competition law and your obligations under the Commerce Act 1986 is essential to all businesses operating in New Zealand.
This course provides your employees with the training to understand what behaviours are considered anti-competitive, and the importance of ensuring compliance with the Commerce Act 1986.
Potential Risks to Your Business
If your company breaches the Commerce Act, you can run the risk of:
- court proceedings brought by the Commerce Commission and fines of up to $10 million;
- court proceedings brought by private parties seeking damages;
- warnings, injunctions, and cease and desist orders;
- loss of reputation, management time and money.
On completing this course, learners should be able to:
- understand what conduct is considered anti-competitive;
- understand the obligations of the employer and the employee under the Commerce Act.
Courses cover the following topics:
- New Zealand competition law
- When does anti-competitive conduct arise?
- Who enforces the Commerce Act?
- Price Fixing
- What is an anti-competitive arrangement?
- Exclusionary provision
- Resale price maintenance
- Misuse of power
- Mergers and acquisitions
Do you have more than 20 employees and would like to learn about our Enterprise Program?