FDF Event

Competition law compliance… Why does it matter?

 

Compliance with competition laws is an essential part of any company’s corporate governance and has never been more important, as we see ever larger fines being imposed on companies by the European Commission and Competition and Markets Authority, criminal sanctions imposed on individuals, and directors disqualified. 

Why should a trade association undertake competition law training?

  • An association itself can be liable for breaches of competition law, which can have both financial and reputational consequences for the association
  • The constitutions, decisions and recommendations of trade associations and how their members behave have continually come under investigation from competition authorities around the world
  • There are many recent examples of trade associations being “dawn raided” and fined by the competition authorities, including the EC and CMA
  • Trade associations are at risk of acting anti-competitively if they try to shield their members from the natural pressures of competition

Trade associations and their members need to be alive to the evolving risks of breaking competition law when discussing issues facing their industry

At this essential training session, competition law partner Diarmuid Ryan from international law firm Squire Patton Boggs[1] will provide, in clear and concise business language, the tools you need to understand what are the key prohibitions, the penalties for non-compliance, how regulators enforce the rules, and how practically to manage the risks from the perspective of a trade association. 

Who is it for?

The course is aimed at individuals who could potentially come across competition law issues in their trade association activities, in particular, those with member-facing roles and who manage meetings between competing member businesses, and those involved in taking decisions on behalf of the association, including determining the association’s membership criteria and procedures.


What will you learn?

  • How the competition rules apply to trade associations, including membership criteria, codes of conduct and standards policies
  • How to manage meetings, including how to identify topics of conversation that may be problematic and how to deal with those
  • How to identify the main risks to a trade association of non-compliance with competition law
  • How competition law is enforced in the EU/UK

The session will be informative and interactive, and presents an excellent, efficient and cost effective opportunity for FDF’s members [and non-members] to benefit from the expertise of a highly experienced competition lawyer. You’ll take away a clear understanding of how competition law applies to your day to day business activities, in order to minimize the risk of infringement. 

If you would like further information and pricing please contact reema.patel@fdf.org.uk


Organiser: Reema Patel, 0207 4207208, reema.patel@fdf.org.uk