The ICC’s initiative consists in an Antitrust Compliance Toolkit. The elements in the ICC Antitrust Compliance Toolkit are not intended to represent a comprehensive or prescriptive list of what an antitrust compliance program must include, but seek to reflect what is commonly regarded as good practice in the field. Indeed, antitrust agencies themselves recognize that there can be no “one-size-fits-all” approach and that each compliance programme has to be designed to meet the specific antitrust risks faced by the company in question.
I congratulate Concurrences on their timely initiative of the Antitrust Compliance Summit & Awards. To highlight the importance of antitrust compliance at this moment is very welcome as we know that firms and managers are particularly tempted to engage in anticompetitive and collusive practices in times of crises.
From being a fringe activity for the legal profession, competition law compliance has become a key pillar of good corporate citizenship over the last 15 years or so. So much legal expertise, business insight and creativity goes into ever-more sophisticated and bespoke compliance programs. It is about time to recognize outstanding accomplishments in this important field, and I am very pleased that Concurrences has given me a chance to support their initiative.
I believe the Antitrust Compliance Summit & Awards is an excellent opportunity to discuss about compliance programs (specifics, criteria, success and failure stories) and to acknowledge the role they may undertake on wide spreading a true culture of competition on stakeholders and society as a whole. This event, structured in panel discussions and formal awards recognitions, will allow us all to share thorough assessment of effectiveness of compliance programs thus far. I am very much looking forward to participate in this program and to my role as member of the Enforcer Steering Committee.
The Competition and Consumer Commission of Singapore is honoured to be part of the Antitrust Compliance Summit & Awards Steering Committee. We hope that the awards will spur competition authorities to further raise awareness of competition law through greater recognition of their work.
In the current globalized economy weakened by the health crisis, this Concurrences’s initiative is ideal for developing and promoting of compliance antitrust.
The international dimension and the format of the event give an exceptional character to the image of the participation of many professionals representative of the ecosystem (lawyers, experts, public authorities, enterprises, etc.). The opportunity to experience a 360 ° view of the antitrust issue not to be missed.
For me, Legaltech’s innovation and digital solutions are both major elements and catalysts for an effective implementation in terms of compliance antitrust by bringing traceability, consolidation, confidentiality and security to enterprises.
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