Failure to comply with competition law regulation can have very serious consequences for both firms and individuals. As global markets become more intertwined, regulatory framework and capacities of both local and international competition authorities are increasing and enforcement is becoming more cohesive and ever so aggressive. Subsequently, increased number of market participants is facing competition concerns in various jurisdictions and violations of competition laws are subject to progressively harsher fines. Even a “mere” investigation can result in momentous damages to a company’s reputation and its bottom line. Firms involved in anti-competitive behavior, according to EU competition law, may find their […]
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