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ARTICLE · 29 JUNE 2015

Focused On Compliance: Competition Bureau Releases Corporate Compliance Bulletin

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The Competition Bureau (the "Bureau") recently released its Corporate Compliance Programs Bulletin (the "Bulletin").

CanadaAntitrust/Competition Law

The Competition Bureau (the "Bureau") recently released its Corporate Compliance Programs Bulletin (the "Bulletin"). The goal of the Bulletin is to provide guidance to businesses regarding how to implement a credible and effective compliance program that is tailored to the potential compliance risks relevant to their operations. Importantly, the Bulletin recognizes that SMEs may have fewer internal resources and that a company's compliance program should be commensurate with their size and business activities.

Overview

The Bulletin includes (i) measures that can be taken to detect and minimize the risk of engaging in illegal anti-competitive activities; (ii) tools for developing compliance programs; and (iii) hypothetical case studies illustrating how it will consider the credibility and effectiveness of a company's compliance program.

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