Competition Compliance Policy
Evergreen Line, as a known global carrier who provides worldwide shipping transportation network, herewith commits to its social responsibility and the duty of complying with the U.S. Antitrust Law, EU Competition Law and any other jurisdictions' similar regulations on Antitrust, Antimonopoly, Cartel or Competition
All management levels and staffs of Evergreen Line shall always maintain high competition awareness and take the responsibility of promoting competition awareness to other employees. All employees must stay alert to the potential risks in violating competition law at all time. To comply with competition law is not only the responsibility of the top management, but also a requirement for all various management levels and employees on a daily basis.
The importance of complying with competition law does not only apply to the Evergreen Line internal sales and business-related departments, but also extends to all business activities between Evergreen Line and external parties or contractors. Any activity infringes competition law, whether intentional or unintentional, by Evergreen Line or by its external collaborators, will result in severe consequences to the company, including but not limited to the collapse of company reputation, hitting with immense fine, potential criminal liability as well as disqualification of the employment. Competition is relatively complicated to define and it is not straight forward to decide if an individual employee's activity is infringing competition law.
Nevertheless, the fundamental subjects of competition law in various jurisdictions are similar. Evergreen Line stringently forbids hard core activities that infringe competition law, including but not limited to:
Directly or indirectly fix price with competitors;
Concerted restrictions to capacity with competitors;
Market/ customer allocation;
Concerted boycott particular customer with competitors;
Bid Rigging;
Other than hard core activities mentioned above, there are various activities might potentially infringe competition law subject to different scenarios. It is difficult to define if particular activity will infringe competition law as it shall review all relevant circumstances and factors before a decision is made. To define your conduct is legal or not will be subject to the competition authority's deliberation, therefore all employees must not judge your conduct inadvertently.
Evergreen Line understands the complexity of competition law and there will be plenty issues you might wish to seek further clarification and consultation; therefore, Evergreen Line has published a Competition Compliance Policy for all employees to learn more about competition law. Meanwhile a specific competition mail box has been set up. Shall any employee have any doubt in your work, Evergreen Line encourages you to address your queries to the competition mailbox [email protected] for clarification.
To comply with competition law is Evergreen Line's mission and Evergreen Line determines to comply with competition law. The only way to fulfill this mission is to have all employees' cooperation and strong awareness in competition law.
The full Evergreen Line Competition Compliance Policy please refer to the attached.
Evergreen Line Competition Compliance Policy