In certain jurisdictions, having a tailored and comprehensive compliance programme in place may reduce the size of a fine resulting from anticompetitive activity.
Members from across our global competition team have come together to analyse the approaches of key jurisdictions and whether they offer discounts for businesses that have breached competition rules but have a compliance programme in place. We have found that, in general, there is a trend towards more jurisdictions considering reductions on fines as a means by which to encourage more widespread compliance efforts and would suggest that it is definitely worth companies investing time and energy in fostering a compliance culture. Please click here to view our full client alert and comparison table.
This article is presented for informational purposes only and is not intended to constitute legal advice.