English to Spanish Other Business/Commerce (general) Code of Conduct

Hola a todos, estoy con una traducción de una parte de un código de conducta de una empresa de gráfica e impresiones. No tengo mucho contexto pero dice:

Complying with the Code is everyone’s responsibility.
It is always better to raise concerns and questions before taking an action that may violate the Code.
Tickets to concerts, sporting or other events
• Personal Interests: You start a business that provides similar services to those provided by Quad.
• Competing IP: You invent and market a product related to Quad’s business.
• Don’t have conversations about private company matters on airplanes, in elevators, on trains or other places where you may be overheard.
• Agreeing with competitors to submit bids for work in a manner that ensures one company will win the work.

Competing IP lo veo en google como competing IP address. Siinceramente no me doy cuenta si sería lo correcto acá, alguna sugerencia??

Gracias!