Competition Law: Responding to a Shady Proposal
Staying ahead of the competition is an immense challenge in today's fiercely competitive marketplace. Regrettably, there are instances where employees and firms resort to unethical practices to gain a competitive edge. It is crucial to ensure that your team is focused on nurturing relationships with prospects and clients, rather than engaging in deals with rivals.
Microlesson DescriptionIn this microlesson, we explain how competition laws can be very strict when it comes to competitors entering agreements where they set prices, the number of goods sold, or the quality of available goods. We teach employees how to spot these schemes and respond in a polite, professional, and smart way.
Key Concepts- Employees should be on the lookout if a competitor proposes something that would set prices, divide customers, clients, or territories, force out other competitors, or limit the quantity of goods or services available.
- If a competitor does any of that: (1) clearly state that you don’t agree, (2) leave or do something you’ll remember, and then (3) tell your boss, a compliance leader or a legal leader what happened.
Microlesson Features
- Employee sentiment pulsing questions that provide leaders with insights into their workforce's core cultural competencies
- Emtrain's Expert Answers tool, enabling employeees to submit anonymous questions about sensitive issues.
- Rich, contemporary video scences illustrating key concepts through realistic scenarios
- A data driven, skill-based approach to eLearning that establishes a shared language for employees.