Order Complying with EU competition law
Any business operating in the European Union is subject to European competition rules. The violation of these rules, even if involuntary, can have very serious consequences for businesses. These include fines that are becoming ever larger: fines close to €500 million have been imposed by the European Commission in cases concerning cartels and abuses of a dominant position.
This DVD presents four scenarios which illustrate, in a realistic and lively fashion, those situations that are the most likely to constitute very serious infringements of European competition law and thus lead to the imposition of the highest fines. These scenarios include:
- Price-fixing agreements between competitors (cartels);
- Resale price maintenance;
- Restrictions on parallel trade between Member States;
- Abuses of a dominant position.
The scenarios are preceded by a video-clip describing a dawn raid by European Commission’s competition officials at the business premises of a company suspected of infringing European competition rules. These various video-clips are accompanied by a commentary from Jean-François Bellis, who succinctly describes the basic rules of European competition law and draws some practical lessons from each of the situations presented.
This DVD provides a valuable training tool for any company wishing to disseminate the fundamental rules of competition law to personnel within the framework of a compliance programme. The training provided by this DVD does not require any previous knowledge of European competition law, and is therefore appropriate for training sessions with all of a company’s personnel.
This DVD has been created jointly by the legal department of the Michelin group and the law firm of Van Bael & Bellis and is available Dutch, English, French, German, Hungarian, Italian, Japanese, Polish, Romanian and Spanish.