An extract from The European Antitrust Review 2012 - a
Global Competition Review special report.
Introduction
The broad range of articles in this publication illustrates how
pervasive antitrust issues have become. They have spread to affect
companies in almost every industry, irrespective of where they do
business.
Notwithstanding the variety of different ways that competition
law can impact upon a firm, its management and its employees, one
common concern cuts across all sectors and jurisdictions
– namely, the importance of compliance. This article will
consider all aspects of this issue, focusing in particular on the
need to instil a culture of compliance within organisations and how
this can be achieved most effectively. The article emphasises two
key issues: firstly, that the creation of a pervasive
'culture' is the best possible way to limit the risks
associated with non-compliance; and secondly, that a
'culture' means more than just a policy or a