COMPLIANCE STATEMENT

Most nations, including the European Union, through antitrust laws, impose constraints on the conduct of market participants. Agreements to fix prices, limit production or divide markets are typical of the activities that most clearly violate antitrust laws. Any  antitrust laws apply also to other anti-competitive practices such as the exchange among competitors of sensitive proprietary information relating, for example, to current production costs or non-public strategic plans.

However, it is recognised that not all co-operation among competitors is bad and that indeed some such activities may be pre-competitive.

NAP is a pre-competitive industry organisation that serves the interest of its participants while avoiding anti-competitive activities. As such, its participants can feel confident that their participation in NAP will not violate the anti-trust laws, provided that they avoid improper ancillary activities.