What does concerted practices mean?
What does concerted practices mean? To sum up, a consensual definition of concerted practices can be the following: “A concerted practice is a form of co-ordination, without a formal agreement or decision, by which two or more companies come to an understanding to avoid competing with each other. What are examples of concerted practices? Examples of risky concerted behaviour include:sharing with your competitors pricing and competitively sensitive information and data (eg. signalling to your competitors the timing or size of future price increases or reductions in discounts; What is the difference between an anticompetitive agreement and a concerted practice? The...