Laws & Policies

North America

+Canada

Canadian Competition Bureau

Corporate Compliance Programs Bulletin

Europe

+European Union

EU Competition Commission

Compliance Matters

Asia

+Israel

Israel Antitrust Authority

Model Internal Compliance Program

+Pakistan

Competition Commission of Pakistan

Voluntary Competition Compliance Code

+Turkey

Turkish Competition Authority

Text from the Letter of the TCA

South America

+Chile

Fiscalía Nacional Económica (FNE)

Complying with Competition Law (Unofficial translation)

+Brazil

Conselho Administrativo de Defesa Econômica (CADE)

The Brazilian competition authority, CADE, has issued its guidelines on competition compliance programs.  Following the emerging trend, the CADE states that compliance programs do matter, and will be taken into account in dealing with corporate offenses.  This is much closer to the approach taken by Chile, Canada, the UK, Italy, Singapore and others.

Among other points, CADE states that “prevention is always preferable than repression, as it represents a smaller cost to society.” Indeed, it would seem that encouraging companies to adopt and strengthen compliance programs would be a core focus of any competition law enforcement agencies that wanted to protect society from anticompetitive conduct.  Yet this contrasts sharply with the position of the European Commission, which disdains any recognition of compliance programs.

CADE also emphasizes that compliance programs are even appropriate for small companies, citing “A Compliance Program on a Dollar a Day: How Small Companies Can Have Effective Programs,” http://www.corporatecompliance.org/Portals/0/PDFs/Resources/ResourceOverview/CEProgramDollarADay-Murphy.pdf

The English version of the guidance can be found at: http://www.cade.gov.br/upload/Compliance%20Guidelines%20-%20final%20version.pdf

Australia

+Australia

Australian Competition and Consumer Commission

Corporate Trade Practices Compliance Program

Africa

+Egypt

Egyptian Competition Authority

Compliance Checklist

Public International Organizations

+OECD

Organization of Economic Cooperation and Development

Good Practice Guidance on Internal Controls, Ethics, and Compliance

 

Other Policies

 

 


 

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