Ted Banks and Joe recently published an article titled: “The International Law of Antitrust Compliance,” 40 Denver Journal of International Law & Policy 368 (2012), also available in “Perspectives on International Law in an Era of Change” (Nanda & Mundt, eds.). This article looks at the development of antitrust compliance programs, and calls for a change in the negative policies of the Antitrust Division of the US Department of Justice and the European Commission, which undercut the development of more effective company programs. The article concludes:
“If the governments of the world expect to treat competition law as a basic tenet of international law, governing, as it does, the conduct of local and multinational corporations, then they must also recognize the need to accord competition law compliance programs their proper role in determining enforcement priorities and penalties.”
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As published in the July/August issue of Compliance and Ethics Professional: