Competitive advantage
13 September 2012
The same competition laws apply to electronic marketplaces as to other trading forums. Paul Abbiati explains the potential legal pitfalls and how to avoid them
The US Federal Trade Commission (FTC) may have given its approval to e-marketplaces such as Covisint, the automotive exchange, but both the FTC and the European Union have warned that they will keep a watchful eye on how they operate. The EU said it would be particularly vigilant in assessing whether participants could exchange price information. In the light of new...