Question
Consider the following statements regarding Information
agreements under the Competition Act: Statement 1: Sharing of information between competitors about production volumes is automatically prohibited. Statement 2: Real-time sharing of customer price information between competitors can constitute cartel conduct. Statement 3: Information sharing through trade associations is always permissible. Statement 4: Historical information sharing has lower competitive risk than real-time sharing. Which statements are correct?Solution
Information exchange depends on context—Statement 1 is incorrect. Real-time pricing information can facilitate cartels—Statement 2 is correct. Trade association information sharing is not automatic exemption—Statement 3 is incorrect. Historical data has less competitive effect—Statement 4 is correct. Statements 2 and 4 are correct.
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