Conflict of Interest created by Interest in other companies

 

 

 

When  one  works  actually  for  the  competitor  or  subcontractor  as  an employee or consultant.

Having partial ownership or substantial stock holdings in the competitor’s business.

It may not arise by merely having a spouse working for sub-contractor to one’s company, but it will arise if one’s job also includes granting contracts to that subcontractor.

Tempting customers away from their current employer, while still working for them to form their own competing business.

Moonlighting usually creates  conflicts  when  working  for  competitors, suppliers or customers but does not conflict when working for others without affecting the present employer’s business.

‘Moonlighting’ means working in one’s spare time for another employer.