Joe Murphy
2 contributions
302 visits
Concurrences is recognizing the importance of compliance programs in the competition law field by staging a series of virtual conferences on the topic and giving awards to leaders in this field.
This is a very valuable contribution to our field. For too long competition law compliance has taken a back seat to other areas, especially anti-corruption. Much of the blame for this lies at the feet of competition law enforcers, who had refused to recognize compliance programs, preferring instead to focus only on collecting fines. In contrast, in other areas of law enforcement, the value of compliance and government’s role in recognizing and promoting it, was readily recognized. Recently this negative approach in competition law has started to change, and we now have an opportunity to see more energy, imagination and resources directed into competition law compliance.
Those who do the difficult work of competition law compliance deserve to be recognized and encouraged. At the same time, we need incentives to move beyond the old approaches of dusty manuals and legal lectures, into steps that make programs work – things like empowering compliance officers, dealing with incentives, evaluating what program steps actually are working.
Congratulations to Concurrences for its leadership in promoting competition law compliance efforts.
