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U. S. Steel Canada Code of Ethical Business Conduct - EthicsPoint

U. S. Steel Canada Code of Ethical Business Conduct - EthicsPoint

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7CONDUCT BUSINESS FAIRLYAND LAWFULLY.PrincipleAssess the SituationMy supervisor has encouragedme to attend a $1,000 per personcampaign fundraiser for a Canadianfederal politician who has been verysupportive on issues important toU. S. <strong>Steel</strong> <strong>Canada</strong>. Is it all right toattend and put this on my businessexpense report?No. Canadian federal lawprohibits corporate contributions,directly or indirectly, to federalpolitical candidates or parties. Yourattendance is voluntary and yourpersonal choice. If you decide toattend, the cost <strong>of</strong> the event is atyour own expense and you may notask U. S. <strong>Steel</strong> <strong>Canada</strong> to reimburseyou. Consult U. S. <strong>Steel</strong> <strong>Canada</strong>Policy 0004-C – Public Affairs andPolitical Action for more guidance onthis subject.Each <strong>of</strong> us has a duty to conduct businessfairly and lawfully within U. S. <strong>Steel</strong><strong>Canada</strong> and with our customers, suppliersand competitors. We must never takeadvantage <strong>of</strong> or provide special advantageto anyone – or even appear to do so –through manipulation, concealment, abuse<strong>of</strong> privileged information, misrepresentation<strong>of</strong> material facts, or any other unfairpractices. Fraud, theft, embezzlement,false or inflated billings, falsified expensereports, and payment <strong>of</strong> kickbacks forobtaining business are all examples <strong>of</strong>illegal and unacceptable behavior. For moreinformation, consult U. S. <strong>Steel</strong> <strong>Canada</strong>Policy 0002-C – <strong>Business</strong> <strong>Conduct</strong>.Our duty also extends to complying with all applicable laws and regulations. Violations,even unintended ones, expose our company to serious criminal and civil penaltiesand fines, as well as penalties, fines, and even imprisonment for individuals. The legaldefense <strong>of</strong> claims, even when successful, squanders resources and compromises thereputation <strong>of</strong> U. S. <strong>Steel</strong> <strong>Canada</strong>. We should not engage in personal political activities oncompany time and we must observe gift rules associated with government <strong>of</strong>ficials.Antitrust and Competition LawU. S. <strong>Steel</strong> <strong>Canada</strong> must not engage in any understandings or agreements withcompetitors to restrain trade and we must avoid even the appearance <strong>of</strong> such conduct.We must compete independently in the marketplace in compliance with domestic andinternational laws. Examples <strong>of</strong> competition and antitrust violations are: price fixing;bid rigging; allocation <strong>of</strong> markets or customers; agreements to manipulate productionvolumes and group boycotts. If you have sales or marketing responsibilities orcommercial contacts, or if you attend trade association or industry meetings, you mustbe particularly aware <strong>of</strong> these prohibitions. If you have questions about the application<strong>of</strong> the antitrust laws, consult the appropriate contact in the Law Department beforetaking any action. Contact information is available on the Ethics and Compliance homepage on the U. S. <strong>Steel</strong> intranet.18 <strong>Code</strong> <strong>of</strong> <strong>Ethical</strong> <strong>Business</strong> <strong>Conduct</strong>

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