Meeting the Challenges of European Union Anti-trust Compliance with Technical Innovation

January 2012Competition IT

Abstract

To paraphrase an old adage – “God could not be everywhere all the time, that’s why he invented regulators”! However, as most legislators and regulation draftsmen would have it, their aim is to guide more socially and economically responsible behaviour, rather than to find another excuse for increased enforcement extending from straightforward fines to more draconian powers of Senior Director imprisonment, as evidenced by the UK’s July 2011 Bribery Act. In a speech on 11th October 2011, the European Commission Director General of DG Competition, Alexander Italianer, stressed zero tolerance for international cartels. In so doing, he recognised the need for more effective detection tools as it uses forensic IT searches more frequently. However, while the powers given to the EU Commission, as well as national regulators - such as the UK Office of Fair Trading - are increasing, so too are the instances of leniency for proactivity.

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Ivan Lebedev

Legal Counsel EMEA, Acer European Holdings SA, Switzerland

Antitrust Damages Actions in Europe Pitfalls and Opportunities From a Corporation's Point of View

In recent years, the volume of private damages actions has increased substantially in the national courts of EU Member States. In England and Wales, for example, the number of private...Read more

Peter Bergson

General Counsel, Fingerprints, Sweden

Antitrust Compliance in the Age of the New Whistleblower Incentive Program

Antitrust compliance has been, and should continue to be, near the top of any company’s global compliance program checklist. With the potentially massive private civil awards in the United States...Read more

Meeting the Challenges of European Union Anti-trust Compliance with Technical Innovation

Abstract

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