Anti Trust Compliance Policy

SUMMARY OF PIDX ANTI TRUST POLICY

PIDX, INC IS COMMITTED TO COMPLIANCE WITH ALL APPLICABLE ANTI TRUST LAWS.

• Conversations must be related to the published agenda and PIDX’s mission, which is to provide a global forum for delivering the process, information and technology standards that facilitates seamless, efficient electronic business within the Oil and Gas Industry and its trading community.
• Conversations should not include Members’ prices, terms of commercial contracts, bids or similar competitively sensitive information. No conduct in restraint of trade or commerce is permitted.
• If an attendee is uncertain about the legality of a particular topic, he or she should check with legal counsel, the Chair or PIDX staff. If an attendee brings up for discussion at a meeting a subject of doubtful legality, he should immediately be informed that the subject is not a proper one for discussion. In the absence of counsel, the Chair, PIDX staff, PIDX officers or any attendee who is aware of the legal implications of a discussion of the subject should halt the discussion. Should the discussion continue, despite protest, the Chair or PIDX staff should declare the meeting closed and all attendees should leave.

ALL EMPLOYEES OF PIDX, AND ANY MEMBERS OR PARTICIPANTS TAKING PART IN ANY PIDX ACTIVITIES, INCLUDING STANDARDS DEVELOPMENT ACTIVITIES, ARE REQUIRED TO FOLLOW THIS POLICY STRICTLY AND WITHOUT EXCEPTION.