DIRECTORS, MANAGERS – YOUR NEW RISK OF “CARTEL CONDUCT” CRIMINAL LIABILITY IS EVEN WIDER THAN REPORTED
“A cartel involves an agreement or concerted practice between two or more competitors to engage in fixing prices and/or trading conditions, dividing markets and/or collusive tendering. By artificially limiting competition that would normally prevail between them, firms avoid exactly the kind of pressures that lead them to innovate, both in terms of product development and […]