Pursuant to Article 11 (1) of the Competition Act, agreements between undertakings which have as their object or effect the prevention, restriction or distortion of competition, shall be prohibited. These are typically the following:
- when competitors fix their prices or certain price elements, when setting minimum prices or a standard pricing formula, when deciding on price differences between different products, when standardising or even eliminating price reductions,
- when competitors agree to share a market based on a particular criterion, such as geographic area, time, product or specific clients,
- when undertakings agree on the limitation or control of their production/distribution quantity or capacity,
- collusion between competing bidders in tenders, public procurement procedures and other tenders,
- sharing of strategic information with or among competitors, especially for the future (e.g. planned pricing, planned strategic steps, etc.),
- a professional meeting between competitors where the parties agree on future behaviour and strategies to be followed in connection with a new piece of legislation,
- setting and prescribing mandatory consumer prices or minimum resale prices, or forcing the application of recommended consumer prices
- a total ban or restriction on online sales for distributors.