Competition and Anti-trust

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Principles

We believe in open and fair competition.
We conduct business in an honest and straightforward way.
We always work within competition and antitrust laws.

We will

Not make formal or informal agreements with competitors, trade associations or industry bodies which result in price fixing, bid rigging, market allocation and arrangements to limit supply. Arrangements like this are almost always illegal, and are often criminal;
Not share commercially sensitive information with competitors, trade associations or industry bodies. This might include information about prices, ongoing bids, terms and conditions of sales, market share, costs or profit margins;
Check carefully before we make agreements with trade associations, industry bodies, customers, joint venture partners or suppliers so we are clear about any existing restrictions on who they can sell to or buy from, and on what terms; and
In markets where we might be said to have ‘market power’ (including some of our aftermarkets), take care over arrangements which might be seen unfairly to exclude competitors or exploit customers.

What happens when…

An ex-colleague works for our competitor. When we were catching up socially, I mentioned we were bidding for a particular project but it wasn’t a priority for us. He said it wasn’t for them either. Have I told him too much?

You should never discuss a bid with a competitor. Even a little bit of information like this could impact competition between us. Don’t disclose anything else and discuss the situation with the Legal team.

Additional Guidance

Having reviewed our principles and policies another potential source of information might be:

Some of these are internal links and only available if accessing from a Rolls-Royce GAD network asset.

Trade Association meetings - Dos and Don'ts

Contacts

Still not clear, then contact the relevant Subject Matter Experts:

Some of these are internal links and only available if accessing from a Rolls-Royce GAD network asset.

Legal Team

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