As a Kesko business partner, I am committed to compliance with applicable competition law in all my activities. My market operations are based on open and effective competition. Effective competition is beneficial to consumer customers as well as the entire trading sector.
I am aware of key competition law policies pertaining to my work. For example, I do not agree or discuss prices, customers or other business secrets with Kesko's competitors. I do not participate in activities that are aimed at or potentially lead to restricting or impeding effective and fair competition. I understand that in addition to other serious consequences, competition law violations especially harm Kesko's reputation.
You are discussing the merits of a seminar with your contact person at Kesko and a competitor's representative on a break at the seminar. After a while of chatting, the representative changes the subject and expresses his frustration at narrowing margins of a brand product. He or she suggests an agreement to you and your contact person at Kesko according to which you should both stop selling this popular article under a certain price. What do you do?
I understand that the suggestion is about a price cartel, which restricts competition with very severe effects. I immediately decline the suggestion and leave. My contact person at Kesko gets in touch with Kesko's legal counsel, who will assess how else we should react to the situation. A price cartel can lead to large penalties and liabilities for damages for all parties. In addition, it could severely harm Kesko's image as a responsible operator.