Disadvantages of informal tender

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It offers some powerful case studies to highlight both unacceptable business practices and show just how easy it can be to get into difficulties if the risks are not properly understood and managed. This document explains the nature of competition law enforcement in the UK.

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It creates free and transparent markets in which to do business. Fair and honest competition benefits us all.

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This short guide for risk professionals focusses on the risks of contravening UK competition law and is one of a suite of IRM briefings on topical risk issues. We welcome the latest updates to this guide and are delighted to have worked with the Competition and Markets Authority (CMA) in bringing this to fruition. Iain Wright, Institute of Risk Management

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