Information exchange is an area of competition law that is rife with risk. There are few bright line rules on what can and cannot be exchanged, the scope of the prohibition is potentially extremely broad, and the risk of inadvertent breach is high as anti-competitive information exchange may occur spontaneously in informal settings such as social gatherings or trade association meetings.

Figuring out what you can and cannot say to a competitor is not a straightforward task, but it is an important one. Once you let the cat out of the bag, there's no going back.

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