International Comparative Guides | 02 April 2019
Compliance programmes are firmly back in the global spotlight when it comes to cartel enforcement in 2019.
In Europe, the Italian competition authority recently published guidance outlining what it perceives to be the key elements of an effective antitrust compliance programme and formalising a process for granting a reduction in cartel fines where the right type of programme is in place. In South America, the Chilean competition tribunal reduced a fine in February 2019 to reflect efforts that the cartel participant had made to implement such a programme – the first time it had awarded a reduction on these grounds. And, at the supranational level, the International Competition Network working group on cartels continues to focus on the issue of compliance, most recently in December 2018.