Competition
We compete in the market with integrity and comply with competition laws

We comply with the letter and spirit of competition laws (also referred to as “antitrust” laws) wherever we do business. These laws are intended to ensure fair, honest and vigorous competition. Generally, these laws prohibit conspiracies between competitors, improper attempts to monopolize markets and to fix or control prices, and other unfair business practices. Any violation of these laws could have serious and far-reaching consequences for our company and the individuals involved. The laws are very broad and complex and vary by country; therefore you are encouraged to ask questions if you need further guidance. If you are aware of or suspect any violation of antitrust laws or company policy, contact the Law Department.

If you are routinely involved in the negotiation, pricing, review, approval or execution of agreements for the purchase of supplies or sale of products, you are responsible for understanding these laws beyond the content in our Code, and you must understand and comply with applicable laws and company policy for any country where you are conducting business.

Questions and Answers
Q: What should you do when conducting business with Supply Partners or Customers?

A:

  • Base your purchasing or sales decisions on quality, value and customer service;
  • Avoid unfair or deceptive trade practices;
  • Communicate our purchasing or sales programs clearly; and
  • Deliver on your promises.
Q: What should you do when conducting business with Competitors?

A:

  • Not enter into any agreement to set prices or other terms of sale (for example, credit terms, trade programs, etc.) coordinate bids, allocate customers, sales territories or product lines without contacting the Law Department;
  • Not discuss transactions outside the scope of the transaction at hand;
  • Always ensure the claims you make about competitors' products and ours are verifiable and fact-based;
  • Always use legitimate means of obtaining competitive information; and
  • Always respect their confidential information and intellectual property rights.
Policy Reference: Antitrust Policy
Contact: Law Department
INTELLECTUAL PROPERTY

We protect our trade secrets and intellectual property

Our trade secrets and intellectual property give us a competitive advantage and protecting this information is critical to our success. Outside of the Company you should only discuss company information that is publicly available. If you have entered into a confidentiality agreement approved by the Law Department with a business partner, it may be appropriate to discuss certain non-public company information  with the business partner. We should always respect trade secrets and intellectual property that belong to our business partners including compliance with the terms of any definitive agreements relating to our business relationship.

Questions and Answers
Q: What are trade secrets?

A: Formula, practice, process, design, instrument, pattern, or compilation of information that is not common knowledge.

Q: What are considered intellectual property?

A: Creations of the mind to include inventions, patents, names, images, trademarks, designs, literary and artistic works and symbols.    

Policy Reference: Copyright Policy
Contact: Law Department

 

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