Anti-Competitive Behaviour Definition
There are many ways to define anti-competitive behaviour, but at its core, anti-competitive behaviour is any conduct that prevents, restricts or distorts competition in a market. This includes practices such as price fixing, bid rigging, market allocation and exclusive dealing.
Anti-competitive behaviour can occur when companies collude to fix prices or allocate markets between themselves. It can also occur when a company uses its dominant position in a market to stifle competition or engage in practices that limit consumer choice.
There are many examples of anti-competitive behaviour that have been investigated and prosecuted by competition authorities around the world. In some cases, companies have been fined billions of dollars for engaging in illegal anti-competitive behaviour.
While there is no single definition of anti-competitive behaviour, the common thread running through all definitions is that it is conduct that prevents, restricts or distorts competition in a market.
