Page 60 - SCG Code of Conduct

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Business Competition
Principle
SCG is committed to fair competition to both SCG’s customers and vendors by considering code of business ethics and competition laws in every country where SCG conducts its business in accordance with relevant SCG’s guidelines.
Guidelines
1. Do not enter into any kind of agreement with competitors or any person that would reduce or limit fair competition in business.
2. Wherever SCG is a market leader for a particular type of product, SCG must not use its dominant power in ways that are unfair such as limiting customers’ choices in purchasing products or services, and setting prices or selling conditions which are unfair.
3. Competition laws are complicated and vary from one country to another. Therefore, you should try to understand SCG’s guidelines relating to trade competition and consult SCG’s legal counsel from the very beginning.
Example
01
You have received an invitation from a competitor to meet and exchange ideas about marketing plans in order to allotting customers and sales territories. This would help reduce price competition in sales. What should you do?
Advice
Refuse to take part in the discussions, and confirm that SCG’s policy prohibits employees from exchanging ideas about such matters. This invitation should then be reported to your superior.