D4. Fair Business, Advertising and Competition

Code 8.0

Standards of fair business, advertising, and competition shall be upheld.

Elements to Demonstrate Compliance to RBA Code

1. Policy

Ensure facility ethics and/or fair business and competition policy includes the following elements:

• a. Ensure fair business, advertising, and competition standards are upheld.
• b. No collusion with other companies regarding product pricing or other factors that could reduce competition.

2. Procedures & Practices

Procedures & Practices are in place such that:

• a. The facility has a program to ensure advertising statements about the company's products and services are not false or misleading and they meet fair business and advertising legal requirements.
• b. The responsible person understands and can describe how the facility/company ensures that its advertising meets legal requirements.

3. Controls & Monitoring

Controls & Monitoring should include:

• a. Safeguards are in place to prevent collusion with other companies on product pricing or other factors that could reduce competition.
• b. Monitoring procedures related to fair business, advertising and competition are in place.
• c. Formal program to ensure public statements are not false or misleading.
• d. Allegations of fair business, advertising, or competition are investigated, and action is taken if the allegation is substantiated.

1.0.0 (2024-01-01)

Initial release.