Anti-Trust Policy

Position

The Federation has a zero-tolerance policy in respect of anti-competitive behaviour. Such behaviour is as described in the Commerce Act 1986 and the Fair Trading Act 1986 and successive amendments or legislation.

Process to Mitigate Risk

Notification (AntiTrust Statement)

At all meetings, seminars, training courses or conferences of the Federation, the following statement shall be read prior to the commencement of any business. The Statement shall also be reproduced in training course material produced by CBAFF and appear on the Federation’s website.
 
At this meeting, members are reminded that there must be no discussion of prices, surcharges, fees, costs, particular customers, revenues, market shares, or any other commercially sensitive topics .In particular I would like to remind you that no market agreements should be or will be decided at meetings of CBAFF whether they involve prices, amount or areas.
I would also like to make you aware that such behaviour outside of meetings also is prohibited; otherwise you could cause immense damage to CBAFF and/or your company. The Commerce Commission has given strict guidelines to what it consideres to be anti-competitive behaviour and you should make yourselves familiar with these.
 
Members should also be reminded of their obligations at meetings that are not hosted by CBAFF.

Records

Minutes of meetings shall be kept recording decisions taken. A copy of presentations made to seminars and conferences shall be retained and notes taken of any discussion held, which shall be accepted as a valid record of proceedings.

Action

In the event that discussions appear to begin discussing matters that are prohibited, the Federation’s most senior officer present shall remind those concerned, of the Federation’s policy and advise that the meeting/event will be suspended if the discussion does not cease immediately.
In the event that other circumstances occur that appear to be in breach of this policy, the Federation shall take action to ensure that its zero tolerance policy is maintained. The matter will be investigated and appropriate action will be taken which may include termination of membership and referral to the appropriate Government organisation.
 
 
November 2012 - Reviewed by Council 24 February 2016
AntiTrust statement updated 29 August 2024