Policy statementtrust-but-verify

As a Public Trust it is the GOB policy not to attempt to regulate or collude to regulate within the activities to bear our charter, our purpose, not to provide unfair competition. We respect nation’s sovereignty, cultures and beliefs, nor we pay homage to groups that collude to corner free-market sectors.

    We are in compliance with antitrust and free-market laws based on the USA and as applicable sovereign nations. Because antitrust and competition laws are not identical in every country, it is important that GOB Delegates consult with the Board of Directors and legal counsel whenever the activities might be regulated by these laws across the world. Failure to comply with these laws could lead to criminal and civil penalties, significant business disruptions and harm to the empower granted to the GOB.

What it means

  • Most antitrust and competition laws restrict certain activities within the boundaries of accredited and recognized entities bearers of the GOB charter. Consult with the Board of Directors which in turn consults with legal counsel before pursuing any business arrangements that could raise antitrust or competition law issues, including:
     
    • Exclusive arrangements.
    • Transfer of funds in entering collusion to unfair practices.
    • Special treatment or privileges on the promise of specific forced donations.
    • Bundling of goods or services.
    • Restrictions on accreditation and recognition.
    • Accreditation licensing agreements that place restrictions on the entity to accredit or to recognize (license arrangements).
    • Any business discussions or agreements with similar others rendering licensing based Charter.
    • Activities designed to gain or maintain a dominant market position.
    • Participation in any activity that enters into a special interest to protect the given market activities as chartered.
       
  • The application of these restrictions is very complex. While the restriction of interactive collaboration resides with the Board of Directors, consult with GOB California and designated legal counsel (which encompasses the California Department of Justice) designee early, within the early stages in considering any of these type of arrangements. Any consideration or entering bartering arrangements such as proposal of discussions with others rendering similar activities specially not bearing the same status as a public trust, to prevent entering a collusion cartel.

What to avoid

Specially for a Public Trust, antitrust laws generally prohibit certain activities, such as:

  • Reaching an understanding or agreement with similar others to restrain or limit entering arrangements that affect trade, for example, by limit entering arrangements, fixing prices, allocating markets or the coordination of bidding activities.
  • Reaching an understanding or agreement with other organizations that requires we do not to do business, for example, an agreement with an interest group pursuing monopolization activities.
  • Abusing a large market-share position by engaging in cost activities or cost fixing in order to exclude others in adherence to our Charter.

 

2017 | The GOB | GCC Accreditation - Recognition Platform is a U.S.A based chartered public trust for which contributions are tax deductible per 501 (c)(3) Internal Revenue Code.