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Drivers of Compliance and Non-Compliance with Competition Law

Drivers of Compliance and Non-Compliance with Competition Law. Jackie Holland Director of Competition Policy. Discussion with ICLA. Overview of OFT project Questions to discuss: What are the key drivers of competition law compliance within your businesses?

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Drivers of Compliance and Non-Compliance with Competition Law

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  1. Drivers of Compliance and Non-Compliance with Competition Law Jackie HollandDirector of Competition Policy

  2. Discussion with ICLA • Overview of OFT project • Questions to discuss: • What are the key drivers of competition law compliance within your businesses? • If a slip up occurs, what tend to be the reasons for this? • What are the essential elements to creating a competition law compliance culture within a business? What is current best practice in competition law compliance? • Is it possible to evaluate the effectiveness of a compliance culture? If so, how?

  3. Key Drivers of Compliance • Sticks - risks of: • Fines • Director disqualification • Criminal cartel offence • Reputational damage • Private actions • Carrots: what are these?

  4. What are the key reasons for non-compliance?

  5. What are the key elements for an effective competition law compliance culture?

  6. What is current best practice in competition law compliance?

  7. Effectiveness of a competition law compliance culture • Is it possible to evaluate the effectiveness of a competition law compliance culture? • If so, how?

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