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or affiliated with a country subject
to significant U.S. trade sanctions
(commonly called "embargoes" in
their most extreme form) without
obtaining prior Global Law
department review. Contact the
Global Law department for the list of
affected countries and the relevant
restrictions.- Screening our business partners
against various government-restricted
parties lists to avoid dealings with
what we refer to as "denied parties."
- Being aware of products, materials,
and technical information that are
subject to heightened export
control and of the export license
requirements that apply to such items.
- Not participating in or responding
to requests relating to international
boycotts in which the United States
does not participate, notably the Arab
League boycott of Israel. Receipt
of any requests relating to such
restrictive trade practices must not
be acted upon and must be reported
to the Global Law department.
Competition and Antitrust Laws
Competition and antitrust laws protect
free enterprise for the benefit of
customers and consumers. These laws
prohibit anti-competitive agreements,
such as price-fixing conspiracies, and
other conduct, such as predatory efforts
to eliminate competitors. Schering-Plough must comply with these laws.
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(Continued)
...to shipments to any party in any
country. If you do not know the export classification of and export limitations that apply to
what you have been asked to send, you must check with the
Global Law department before any such shipments take place.
Competition and Antitrust Laws
Q. I was at a trade show when
a representative who sells an
allergy product that directly
competes with my product
stopped me. He suggested I
limit my sales calls to retail
pharmacies since he had decided
to focus exclusively on hospital
pharmacies. He figures this way
we won't interfere with each
other and we'll both benefit. It
made sense to me. Can I agree
to this?
A. No, any agreement amongst
competitors to allocate or "carve
up" the market is a violation of
antitrust and competition laws.
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