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The International Chromium Development Association ("ICDA") is an international, notforprofit organization whose purpose is to represent, promote and defend the Chromium industry worldwide by means of communications, industry forums and specific research and development projects.
It is the policy of the ICDA to act in accordance with, and strictly adhere to, the letter and the spirit of all applicable national and international antitrust and competition laws and regulations ("Antitrust Laws").
Antitrust Laws are intended to preserve and promote free, fair and open competition. Failure to abide by these laws can potentially have extremely serious consequences for the ICDA, for its Member companies and participating individuals, including the possibility of civil and criminal penalties and thirdparty civil litigation.
Therefore, the ICDA hereby sets out the following guidelines for itself, for its Members and Guests:
- The activities of the ICDA are not and shall not be intended to restrain competition or to inflict prejudice or harm on consumers. The inherent purpose and objectives of the ICDA are to promote free competition and to provide benefit to consumers.
- In connection with membership and participation in the ICDA and related activities, there shall be no discussion, communication or disclosure among Members or Guests which are actual or potential competitors of any of the following individual company information: prices, discounts or terms or conditions of sale of products or services, pricing methods, profits, profit margins or production cost data, production plans, market shares, distribution, volumes, sales territories or markets, allocation of territories or customers (“Business Sensitive Information”).
- The ICDA, its constituent bodies and all related social and other activities shall not be used for the purpose of bringing about or attempting to bring about, any understanding or agreement, whether written or oral, formal or informal, express or implicit between and among actual or potential competitors with regard to matters concerning their Business Sensitive Information.
- The ICDA and each Member and Guest, in relation to the activities of the Association, shall be expected to use their best reasonable judgement to respect and comply with the letter and spirit of the Antitrust Laws and this Policy Statement.
- ICDA Members are permitted to bring legal advisers to ICDA meetings and events (at Members’ own costs).
- In order to minimize risk for the ICDA and its Members and Guests and consistent with the ICDA By-Laws, any behaviour inconsistent with this Policy will be dealt with in an appropriate manner by the ICDA Council and may result in suspension or termination of attendance privileges or membership.
These guidelines have been agreed to by all ICDA Members and shall be routinely communicated to all ICDA Members, to all potential ICDA Members and to Speakers and Guests in advance of and at the outset of all meetings and events organised by the Association.
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