Namma Cargo Services is fully committed to conducting all of our business in a legal and ethical manner. In compliance with FIDI FAIM requirements, we comply with the FIDI Anti-Trust Charter that fights against Cartels and unfair practices. We comply fully with the local regulations and all other Anti-Trust laws in the countries where we do business. As an affiliate of FIDI, we never seek a competitive advantage through unethical, illegal or unfair practices. We are determined to support the fight against cartels, which restrict competition among suppliers to the detriment of customers.
This policy applies to all our employees, directors, consultants, contractors, agents or other person or body acting on our behalf, and extends to all our business dealings and transactions in all countries in which we or our agents operate
WHAT IS A CARTEL?
A cartel is an agreement, concerted practice or conspiracy among competitors to fix prices, submit collusive tenders, divide or share markets and, more generally, restrict competition.
A cartel is regarded as the most egregious violation of Anti-Trust laws in most jurisdictions, which may lead to the imposition of significant fines as well as, in certain jurisdictions, criminal penalties.
CODE OF CONDUCT
By agreeing and committing to the FIDI ATC Charter, we will:
1. Never make direct or indirect (via third parties including agents, suppliers or customers) contact with an actual or potential competitor or other third party, the object of which is to engage in cartel behavior.
2. Never propose or reach an agreement, whether directly or indirectly, formally or informally, with actual or potential competitors, regarding any sensitive competition related issues, including:
- Fixing Prices
- Dividing or sharing markets, customers or territories
- Rigging a competitive bidding process
3. Report any indication or initiative of improper anti-competitive business conduct by an actual or potential competitor in accordance with our internal reporting procedure, including but not limited to, reporting to our legal department and/or to the relevant Anti-Trust authorities.
4. Not to participate in a meeting of a trade association in which sensitive competition related issues are discussed. If such subjects are raised during a meeting, employees must immediately ask for the discussion to end. If not, they must leave the meeting and ask for that to be noted in the minutes.
5. Ensure that all internal and external correspondence, including e-mails, texts, documents, discussions and public statements do not contain any statements that might be misinterpreted by third parties or Anti-Trust authorities and courts in the context of a potential Anti-Trust investigation.
6. Maintain independent judgment in pricing or selling of any products and/or services
7. Limit any information discussed during commercial negotiations, with or disclosed to competitors or other third parties, to that which is strictly necessary for completing or assessing the transaction