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Anti-Trust & Anti-Competitive Business Practices Policy
Anti-Trust & Anti-Competitive Business Practices Policy

Defines policies to prevent anti-competitive behavior, including price-fixing, monopolistic practices, and unfair competition strategies.

Tyler Bryden avatar
Written by Tyler Bryden
Updated over 3 weeks ago

1. Purpose

Speak AI is committed to conducting business fairly, ethically, and in compliance with all applicable competition and antitrust laws. This policy ensures that Speak AI does not engage in anti-competitive behavior, including price-fixing, monopolistic practices, or other unfair competition strategies.
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2. Scope

This policy applies to all employees, contractors, partners, and any third parties acting on behalf of Speak AI. It governs all business activities, including sales, marketing, procurement, and partnerships.
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3. Key Principles

3.1 Compliance with Competition Laws

Speak AI and its employees must comply with all applicable antitrust and competition laws in the jurisdictions in which the company operates.
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3.2 Prohibited Practices

The following anti-competitive behaviors are strictly prohibited:

  • Price Fixing: Agreements or understandings with competitors to fix, set, or control prices.

  • Market Allocation: Agreements with competitors to divide markets, customers, or territories.

  • Bid Rigging: Collusion with competitors to manipulate bidding processes.

  • Monopolistic Practices: Actions intended to unfairly eliminate competitors or restrict market access.

  • Tying & Exclusive Agreements: Imposing unfair conditions on customers that limit their ability to choose competing products.

  • Misuse of Market Power: Using a dominant market position to exclude competitors or impose unfair pricing.

4. Competitive Practices

Speak AI is committed to engaging in fair competition by:

  • Offering competitive prices based on market conditions.

  • Providing truthful and non-misleading advertising.

  • Competing on the merits of product quality, innovation, and customer service.

  • Avoiding any discussions or agreements with competitors that may suggest collusion or anti-competitive intent.

5. Compliance & Reporting

  • Employees must report any suspected anti-competitive behavior to Speak AIโ€™s compliance team at [email protected].

  • Speak AI will investigate all reports confidentially and take appropriate corrective actions if necessary.

  • Employees engaging in anti-competitive behavior may face disciplinary action, including termination.

6. Training & Awareness

  • Speak AI will periodically provide guidance and training on anti-trust laws and fair competition practices to relevant employees.

7. Enforcement & Review

  • This policy will be reviewed annually and updated as necessary to reflect changes in competition laws or business operations.

  • Speak AI reserves the right to modify this policy at any time to ensure continued compliance with regulatory requirements.

For further inquiries, contact us at [email protected].

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