Common use of Contacts with Competitors Clause in Contracts

Contacts with Competitors. The antitrust laws do not prohibit all contacts with competitors-only those which result in agreements, understandings, plans, or conspiracies to limit or restrict competition. Apart from the antitrust laws, however, discussions and exchanges of information with competitors may jeopardize the best interests of HII by prematurely disclosing our plans and business strategies. Accordingly, all discussions and exchanges of information with competitors should be approached with great care-and with prior advice from the Law Department.