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Whether motivated by ethical reasons, the deterrent effect of fines and other sanctions, or both, an increasing number of companies coordinate compliance with anti-corruption regulations in conjunction with compliance with competition laws when establishing their corporate governance policy...
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The article suggests a way in which the European Commission could integrate corporate compliance programmes in their enforcement of EU competition law. For this purpose, Braithwaite's concept of responsive regulation is discussed and amanded in a way that it could accomondate the Commission's...
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The Brazilian antitrust authority (Portuguese acronym CADE) has been following a worldwide trend in encouraging the adoption of competition law compliance programs. Nevertheless, one can see an apparent policy gap in the current optimal incentives for compliance program adoption in antitrust...
Persistent link: https://www.econbiz.de/10012871167
Although competition law compliance activities take many forms, this article focuses on the compliance function specific to cartel-related enforcement, as cartels and information exchanges between competitors have become perhaps the area of most significant emphasis in recent years in terms of...
Persistent link: https://www.econbiz.de/10012985146
Innovation is a commercially risky and legally perilous process. It is risky because large sunk costs are often required to initiate and sustain research, product development and other steps involved in the offering of the product and winning of the market. At the cusp of commercial success...
Persistent link: https://www.econbiz.de/10014180796
This article discusses the approach to compliance programmes of two national competition authorities: the Dutch Authority for Consumers and Markets and the French Autorité de la Concurrence. The article explores the question whether these authorities could do more to unlock the full potential...
Persistent link: https://www.econbiz.de/10013030049