Is your business competing fairly?
Certain behaviours are illegal under competition law.
Do you know where you, or your competitors, may be at risk?

Take our 2 minute quiz to see how much you know about competition law.
Start
 
True or False

It can be illegal to attend a meeting with employees from other businesses where price is discussed


 
Correct!

A single meeting can be all it takes to get you in trouble.

 
Wrong!

A single meeting can be all it takes to get you in trouble.

 
The correct answer would have been 'True'.

A single meeting can be all it takes to get you in trouble.

 
True or False

As a customer, it's ok to tell suppliers the prices that other suppliers are quoting you


 
Correct!

As a customer, you can tell a supplier what you are being quoted elsewhere. This helps ensure suppliers remain competitive when offering prices to their customers.

 
Wrong!

As a customer, you are entitled to tell a supplier what you are being quoted elsewhere. This helps ensure suppliers remain competitive when offering prices to their customers.

 
The correct answer would have been 'True'.

As a customer, you are entitled to tell a supplier what you are being quoted elsewhere. This helps ensure suppliers remain competitive when offering prices to their customers.

 
True or False

It's ok to agree prices with competitors in order to avoid losing money


 
Correct!

Agreeing with a competitor what prices either or both of you will charge is illegal and can lead to serious penalties.

 
Wrong!

Agreeing with a competitor what prices either or both of you will charge is illegal and can lead to serious penalties.

 
The correct answer would have been 'False'.

Agreeing with a competitor what prices either or both of you will charge is illegal and can lead to serious penalties.

 
True or False

Businesses can agree not to sell to the same customers as each other.


 
Correct!

It can be illegal for competing businesses to divide up markets, such as geographic areas or particular types of customer, and agree not to go after the same ones.

 
Wrong!

It can be illegal for competing businesses to divide up markets, such as geographic areas or particular types of customer, and agree not to go after the same ones.

 
The correct answer would have been 'False'.

It can be illegal for competing businesses to divide up markets, such as geographic areas or particular types of customer, and agree not to go after the same ones.

 
True or False

Price fixing is a criminal offence and can lead to imprisonment


 
Correct!

Individuals can go to prison for up to 5 years if they are found guilty.

 
Wrong!

Individuals can go to prison for up to 5 years if they are found guilty.

 
The correct answer would have been 'True'.

Individuals can go to prison for up to 5 years if they are found guilty

 
True or False

It's ok to discuss commercially sensitive details of bids (such as price) with competing bidders


 
Correct!

It is illegal for competing businesses to discuss commercially sensitive details of their bids with each other, such as what price they will quote, when responding to a tender.

 
Wrong!

It is illegal for competing businesses to discuss commercially sensitive details of their bids with each other, such as what price they will quote, when responding to a tender.

 
The correct answer would have been 'False'.

It is illegal for competing businesses to discuss commercially sensitive details of their bids with each other, such as what price they will quote, when responding to a tender.

 
True or False

Dominant businesses have a special responsibility not to behave in ways that unfairly squeeze out their rivals


 
Correct!

Competition law puts limits on what a dominant business can do. Dominant businesses must not abuse their power to unfairly squeeze out their rivals.

 
Wrong!

Competition law puts limits on what a dominant business can do. Dominant businesses must not abuse their power to unfairly squeeze out their rivals.

 
The correct answer would have been 'True'.

Competition law puts limits on what a dominant business can do. Dominant businesses must not abuse their power to unfairly squeeze out their rivals.

 
True or False

Admitting your involvement in a cartel can lead to immunity from penalties


 
Correct!

If you come forward first and agree to cooperate with an investigation, you can avoid fines or ending up with a criminal conviction.

 
Wrong!

If you come forward first and agree to cooperate with an investigation, you can avoid fines or ending up with a criminal conviction.

 
The correct answer would have been 'True'.

If you come forward first and agree to cooperate with an investigation, you can avoid fines or ending up with a criminal conviction.

 
How much can businesses be fined for breaking competition law?


 
Wrong!

Fines for breaking competition law can be as much as 10% of a business' annual (worldwide!) turnover. 

The eventual fine that a business may have to pay can range from the thousands to the millions of pounds, and this can have a significant impact on a business' yearly profits.

In addition, businesses who are found to have broken competition law could end up paying a lot more if third parties sue them.

 
Correct!

Businesses can fined as much as 10% of their annual (worldwide!) turnover if they are found to have broken competition law.

In addition, they can end up paying a lot more if third parties sue them for damages.

 
Why do you think it's important to comply with Competition Law?


 
Just before we tot up your scores...

How many people are there in your business?


Well done - you got 9 out of 9 questions correct!

You have a good sense for how to compete fairly.

However, it's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance
on what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such



Click here to find out more
Well done - you got 8 out of 9 questions correct!

You have a good sense for how to compete fairly.

However, it's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance
on what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such


Click here to find out more
You got 6 out of 9 questions correct!

We'd advise you to brush up on what you didn't know.

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance
on what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such


Click here to find out more
You got 5 out of 9 questions correct

Not bad - however, we'd strongly advise you 
to brush up on what you didn't know.

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance so you know what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such



Click here to find out more
Well done - you got 7 out of 9 questions correct!

You have a good sense for how to compete fairly.

However, it's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance
on what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such



Click here to find out more
You got 4 out of 9 questions correct

We'd strongly advise you to brush up on what you didn't know...

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance so you know what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such



Click here to find out more
You got 3 out of 9 questions correct

We'd strongly advise you to brush up on what you didn't know...

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance so you know what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such



Click here to find out more
You got 2 out of 9 questions correct

Uh-oh!

We'd strongly advise you to brush up on what you didn't know...

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance so you know what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such


Click here to find out more
You got 1 out of 9 questions correct

Uh-oh!

We'd strongly advise you to brush up on what you didn't know...

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance so you know what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such

Click here to find out more
You got 0 out of 9 questions correct

Uh-oh!

We'd strongly advise you to brush up on what you didn't know...

It's important to recognise how competition law can affect your business so you can avoid any risks (and report those who may be acting illegally against you).

Visit the CMA website below for more advice and guidance so you know what to look out for.

Please note: these materials do not constitute legal advice
and should not be relied upon as such


Click here to find out more
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