analysis and risk assessment not to be involved in either the
sales or marketing departments.
in-depth probe of the business' competition compliance risks.
They should be given full access to all of the business' relevant
records (including records relating to price changes, refusals to
supply and trade association activities) and interview relevant
staff members and management.
be done to determine the extent of the risks.
and directors (particularly non-executive directors) should include
a summary of the process followed and the methodology used,
the risks identified and a rating for each risk, e.g. high, medium
or low.
competition law that were found, as well as potential solutions.
It is important to bear in mind though that at the first sign
of any breach of the law, it is best to immediately seek
professional legal advice.
any of the potential risks identified, as well as steps to ensure
that new risks do not emerge.
risks or concerns, the next step is to plan and develop a
compliance programme that is fit for purpose for your business.
It is imperative that the programme is tailored specifically to the
needs of your business or association.
risk assessment that you did and on the nature and size of the
business.
resources needed to plan and develop the programme are
provided. A formal and continued commitment from
management to the programme is essential.
including agreements and processes, as well as
staff conduct and practices