Dear Readers,
In this CPI issue, we discuss the importance of antitrust compliance mechanisms, as a tool of antitrust policy in the hands of regulators and as a tool of risk mitigation in the hands of corporates. In the U.S., Compliance Monitors have assumed significance post the Apple eBooks pricing case. The contributing authors bring diverse perspectives on the issue to the table – while some welcome the rise of compliance monitors, others view the appointment of compliance monitors as a case of judicial overreach. Further, the articles discuss the need for well-tailored risk sensitive compliance programs as tool of enforcement (as suggested in the United States Sentencing Guidelines), the gap in the antitrust and anti-corruption enforcement regimes (compliance programs are not often considered a mitigating factor in antitrust infringements even as they are considered mitigating factor in anti-corruption cases), and discuss the new wave of competition compliance programs in different countries in Latin America.
While the debate is ongoing, the trend is definitely towards encouraging of more sophisticated and effective compliance programs (see AU Optronics). As always, thank you to our great panel of authors.
As always, thank you to our great panel of authors.
Sincerely,
CPI Team
