Commission Adopts Corporate Compliance Programme Guidelines

At the end of 2012 the Competition Protection Commission adopted guidelines regarding corporate compliance programmes. In general, the guidelines highlight the advantages of these programmes. Through the guidelines, the commission aims to encourage businesses to develop and implement compliance programmes in order to reduce or avoid the risks of non-compliance with competition law.

The guidelines describe six main phases for the development of a compliance programme and the measures to be undertaken in each phase.

The commission first recommends that companies conduct a thorough analysis of the risks and an internal compliance audit, which may include identification of the relevant markets and the characteristics of the competition environment.