Why this course is relevant to you?
All businesses, no matter how big or small, must comply with the Competition Law and there are serious consequences for both companies and directors where they are found to be infringing the law. In recent years in the UK, Europe and USA, there have been many infringements of competition law rules, resulting in firms being fined hundreds of millions, and in some cases, employees have found themselves facing jail sentences.
Infringements of the Law wherever you are based can have serious consequences. Companies found infringing the Law can face fines of up to 10% of worldwide turnover, third party damages by disgruntled customers and the company’s reputation can be seriously tarnished. For employees, in some jurisdictions such as the UK, prison sentences of up to 5 years are possible for hard core offences such as price fixing, plus directors can face disqualification for up to 15 years.
All companies need to be aware of the risks they face under the Competition Law and the penalties for infringing are serious. This easy to use e-Learning module gives users an extensive overview of Competition Law and helps ensure staff are aware of Competition Law.
Who is the course suitable for?
- Senior Managers
- Finance staff
- Compliance staff
- Sales and marketing staff
- IT staff
What will you learn?
This e–learning course provides a brief Introduction to Competition Law for ALL STAFF in small, large and medium companies.
By the end of this 60 minute module, you should be able to:
- describe what Competition Law is
- explain why Competition Law exists
- understand what Anti-Competitive Agreements are
- understand what Abuse of Dominance means
- understand the rules about Mergers and Acquisitions
- understand what the Penalties are for infringing the Competition Law
- understand what you and your firm must do to Comply with Competition Law
- understand how to handle an Investigation from a Competition Authority
Within the course, we have provided useful links to Competition Law legislation, competition authorities websites and relevant case law where you can drill down for further information. At the end of each Lesson, there will be a quiz and at the ned of the course, a longer quiz will test how much you have learnt on this course.
We hope that you find the course useful, interesting and engaging.
Once you have completed the course, we welcome your feedback about the course.
- What is Competition Law?
- Consequences of breaching Competition Law
- Competition Authority’s Competition Remit
- Anti-competitive Agreements
- Abuse of dominance
- Competition Authority’s Investigatory Powers
- Competition Law Compliance & Procedures
|Duration||Approximately 1 hour|
|Audience||Suitable for all staff|
|Prerequisites||No previous knowledge or experience required|
|Display||Can be displayed on all devices, including PC’s, tablets and smart phones|
|Assessment||15 question assessment. 80% pass mark (12 correct)|
|Deployment||TINCAN & SCORM 1.2-compliant protocols|
|Compatibility||All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility)|
|Customisation||Fully customisable on your own LMS|
|Translation||Can be translated to other languages as required|
|Localisation||Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary|