[Chad]

When a Virgin insider makes Virgins future plans and strategies public, prior to deals being finalised or announced, they might be in breach of Competition Law. This is a very serious offence and caries very hefty fines, and potentially prison sentences.

My basic understanding of Competition Law suggests an employee should not discuss or share or submit or otherwise provide competitively sensitive, confidential information to competitors or through third parties to competitors, i.e. future company plans, policies, strategies, ideas etc…

So if a Virgin insider provides information about channel negotiations and agreed deals that end up on this forum, that have not yet be made public, they could be deemed to have breached Competition Law. Third party competitors such as SKY, BT and YouView can easily visit this forum and get access to the information.