Following the Competition and Markets Authority’s (CMA) launch of its Cheating or Competing Campaign in February 2020, the CMA recently published an update to its Competition Law Risk Short Guide (the Guide).
In presenting the updated Guide, CMA Chief Executive, Andrea Coscelli, stated: “Business leaders must be alive to competition law risk. They should take an active role in ensuring compliance. And the public rightly expects there to be personal responsibility for very serious wrongdoing in firms … It’s in the interests of business leaders – as well as their customers – that competition law compliance is clearly on the radar, and that’s what this Guide is about.”
Read more here to understand that, although the Guide is not a substitute for legal advice in specific situations, it offers a useful reminder of a number of related issues.