The Competition Section looks at Information Exchange

Competition laws recognise that the exchange of information between competitors may be beneficial. However, competition concerns arise when the information exchanged reduces strategic uncertainty, making it easier for competitors to predict one another’s behaviour and adjust their own. Businesses must be careful that any exchanges of information do not breach competition law and expose the company to significant fines, reputational damage and/or potential private damages actions, in addition to criminal sanctions for individuals.

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