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Home / Quality & Compliance / Anti-Trust Charter

The Management and Employees of Tokyo Freight Services WLL is determined to support the fight against cartels, which restricts competition among competing suppliers to the detriment of customers. In compliance to the anti-trust regulations, we have placed proactive measures to prevent corrupt practices.

Cartel is defined as an agreement, concerted practice or conspiracy among competitors to fix prices, submit collusive tenders, divide or share markets, and more generally restrict competition.It is the most egregious violation of Anti-Trust Laws in most jurisdictions, which may lead to the imposition of significant fines as well as, in certain jurisdictions, criminal penalties.

Tokyo Freight Services Will Not Tolerate Cartel Conduct

We respect the Anti-Trust laws and regulations which we operate and involvement in cartel is unacceptable, as it is against the FIDI’s core values of competing freely and fairly.

Undertaking by Tokyo Freight Services with Immediate Effect

We commit to legal and ethical behaviour, and to refrain from engaging in any business that will hard the interest of FIDI and other affiliates, clients, or the industry. We will take steps to ensure that we are fully informed of applicable Anti-Trust laws and regulations in connection with cartel conduct and other Anti-Trust violations and will monitor our employees and business partners to ensure full and continual compliance.

Legal Compliance

We will ensure that we are aware of all applicable laws and regulations covering anticompetitive practices in all jurisdictions in which we operate, and that we will obey and uphold those laws and regulations as well as those in connection with cartels.

Ethical Behaviour

We pledge to take a zero-tolerance approach to cartel conduct and will act professionally, fairly and with the utmost integrity in all business dealings and relationships at all times.

Code of Conduct

We agree and commit to the Anti-Trust Charter and undertake to:

  • Never make direct or indirect (via third parties including agents, suppliers or customers) contact with an actual or potential competitor or other third party, the object of which is to engage in cartel behaviour.
  • Never propose or reach an agreement, whether directly or indirectly, formally or informally, with actual or potential competitors, regarding any sensitive competition-relation issues, including:
    • Fixing prices
    • Dividing or sharing markets, customers or territories
    • Rigging a competitive bidding process
  • Report any indication or initiative of improper anticompetitive business conduct by an actual or potential competitor in accordance to our internal reporting procedure, including but not limited to,reporting to our legal department and/or to the relevant Anti-Trust authorities.
  • Not to participate in a meeting of a trade association in which sensitive competition-related issued are discussed. If such subjects are raised during a meeting, employees of Tokyo Freight Services must immediately ask for the discussion to end. If not, they must leave the meeting and ask for that to be noted in the minutes of meeting.
  • Ensure that all internal and external correspondence, including emails and texts, and documents,discussions and public statements do not contain any statements that might be misinterpreted by third parties or Anti-Trust authorities and courts in the context of a potential Anti-Trust investigation.
  • Maintain independent judgment in pricing or selling of any products and/or services.
  • Limit any information discussed during commercial negotiations, with or disclosed to competitors or other third parties, to that which is strictly necessary for completing or assessing the transaction.

This Policy is reviewed at least once a year by Management of Tokyo Freight Services, updated when necessary,communicated to our employees and customers, and made accessible to our staff as part of our Integrated Management System and FAIM requirements.