More concise and user-friendly, the ICC Antitrust Compliance Toolkit has been updated to reflect the evolving landscape of antitrust risks and compliance practices over the last decade. The toolkit offers practical tools and guidance to build a credible corporate antitrust compliance programme.
The second edition of the ICC Antitrust Compliance Toolkit includes comprehensive guidance for antitrust experts and non-experts alike on how to:
- build a compliance culture,
- conduct risk assessments, and
- implement effective monitoring and improvement measures.
Key facts:
- Integrating antitrust compliance into everyday business practices is vital. The ICC Antitrust Compliance Toolkit provides actionable guidance to establish a compliance culture and is a vital resource for companies looking to navigate the complexities of antitrust compliance.
- Processes alone are not enough. Fostering a culture of compliance starts with individual commitment.
- Understanding specific antitrust risks helps tailor internal trainings and response strategies effectively.
- Antitrust compliance requires continuous evaluation of compliance effectiveness, which is key to adapting to dynamic regulatory landscapes.
Why is the ICC Antitrust Compliance Toolkit relevant?
Complying with competition law makes good business sense. Regardless of a company’s size, competition law compliance places businesses ahead of the game.
At a time when antitrust violations are making headlines and penalty sizes are breaking records, it is vital that global businesses have the right tools to improve compliance with antitrust law. This is especially true given the last decade of rapid digital transformation, in which a number of new challenges have emerged.
Companies have adapted their business practices, while competition authorities have had to rethink how competition law is enforced. The updated ICC Antitrust Compliance Toolkit addresses these new challenges, including the risks associated with using artificial intelligence (AI).
What makes the ICC Antitrust Compliance Toolkit unique?
The ICC Antitrust Compliance Toolkit offers core principles for building a robust compliance programme – or reinforcing an existing one – with a local or global reach. Developed to complement existing materials, the toolkit seeks to enhance the understanding between business and antitrust agencies in relation to antitrust compliance programmes. It has received recognition and support from key competition agencies, most notably the European Commission.
