GRI 206: Anti-competitive Behavior 2016 sets out reporting requirements on the topic of anti-competitive behavior. This Standard can be used by an organization of any size, type, sector or geographic location that wants to report on its impacts related to this topic.
In the context of the GRI Standards, the economic dimension of sustainability concerns an organization’s impacts on the economic conditions of its stakeholders, and on economic systems at local, national, and global levels. It does not focus on the financial condition of an organization.
The Standards in the Economic series (200) address the flow of capital among different stakeholders, and the main economic impacts of an organization throughout society.
GRI 206 addresses the topic of anti-competitive behavior, including anti-trust and monopoly practices.
Anti-competitive behavior refers to actions of an organization or its employees that can result in collusion with potential competitors, with the purpose of limiting the effects of market competition. This can include fixing prices or coordinating bids, creating market or output restrictions, imposing geographic quotas, and allocating customers, suppliers, geographic areas, or product lines.
Anti-trust and monopoly practices are actions of an organization that can result in collusion to erect barriers for entry to the sector, or to otherwise prevent competition. This can include unfair business practices, abuse of market position, cartels, anti-competitive mergers, and price-fixing.
These concepts are covered in key instruments of the Organisation for Economic Co-operation and Development: see the References section of this Standard.
The disclosures in this Standard can provide information about an organization’s impacts related to anti-competitive behavior, and how it manages them.
Effective date: 1 July 2018
Earlier adoption is encouraged.
GRI 206: Anti-competitive Behavior
1. Management approach disclosures
2. Topic-specific disclosures
Disclosure 206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices