Benefits Of Compliance: US Antitrust Vs. Other Approaches

Law360, New York (October 23, 2014, 10:19 AM EDT) -- In a pair of noteworthy and ultimately disappointing recent speeches, leading U.S. antitrust enforcers delivered the message that while they expect companies to invest substantially in antitrust compliance programs, they will not consider a company's pre-existing compliance program as a basis for a reduction in punishment for a cartel offense. This stands in stark contrast with the position of other components of the U.S. Department of Justice, and with recent draft guidance issued by Canada, where enforcers say they will consider a company's pre-existing compliance program when recommending punishment....

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