Below are the details of the operational risks covered within this selected sub-risk category:
Co-operation with competitors resulting in warnings or actions by antitrust regulators
Firm may undertake initiatives to cooperate with competitors, which may result in warnings or actions by antitrust regulators. Examples of such cooperation may include: -
Expansion of business activities through organic growth or mergers/acquisition resulting in warnings or actions by antitrust regulators
Firm's business activities may expand through organic growth or mergers/acquisition and reach a market threshold, which may result in warnings or actions by antitrust regulators. Examples of such market thresholds may include: -
Improper poaching of employees from competitors
Employees may adopt practices to improperly poach employees from competitors. Examples of such practices may include: -
Improper poaching of customers from competitors
Employees may adopt improper practices to poach customers from competitors. Examples of such practices may include: -
Acquiring competitive intelligence through improper practices
Employees may adopt improper practices to acquire competitive intelligence. Examples of such practices may include: -
Incentives or reward structure offered to intermediaries, resulting in warnings or actions by antitrust regulators
Incentives or reward structure offered to intermediaries may result in warnings or actions by antitrust regulators. Examples of such incentives or reward structure may include: -