BBNC Code of Ethics Code of Ethics_JooMag | Page 21

ANTITRUST
BBNC complies with all applicable
state and federal antitrust laws. Federal
antitrust laws protect consumers from
illegal competitive actions such as
price fixing and division of markets.
Non-compliance with applicable laws
can result in civil violations up to $100
million and criminal penalties may
include jail time.
Antitrust laws prohibit employees from
entering into any kind of agreement or
understanding (even oral or informal)
with a competitor on:
Prices;
Territories;
Limitations on products or services;
market share;
The wages or other benefits
paid to employees, or regarding
which workers each company
will or will not hire;
Any action, which affects, limits,
or restricts competition.
Unlawful agreements do not require
a written document signed by the
parties involved. If competitors make a
conscious commitment to a common
course of anticompetitive action, they
ENVIRONMENT
could be in violation of antitrust laws.
BBNC is free to price our products and
services as we choose, but in doing
so, we may not maintain or expand
our market share through illegal or
restrictive practices.
Your Responsibilities
NEVER agree with competitors to
fix prices or divide markets.
BBNC is expected to conduct all
business operations in a way that
avoids or minimizes any possible
adverse impact on the environment.
We will comply with all environmental
laws and regulations, including
providing truthful and accurate
information to government
permitting authorities.
NEVER attend meetings or social
gatherings with competitors where
prices, costs, sales, profits, market
shares, or other competitive
subjects are discussed.
Be careful when speaking with
competitors. Avoid the appearance
of wrongdoing.
DO NOT enter into any
understanding with a competitor
that restricts either parties’
discretion to manufacture or
sell any products or provide any
service, or which limits selling to, or
buying from, a third party.
DO NOT share competitively
sensitive information such as prices,
wages, or costs with a competitor.
BBNC Code of Ethics | Ethics Hotline: [phone] | Effective May 17, 2019 | www.bbnc.net
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