Antitrust compliance is a set of legal and organizational measures aimed at complying with the requirements of antitrust legislation and preventing its violation.
Such measures are provided for by internal acts adopted directly by the company itself or the parent company of the group of companies in relation to the entire group.
Infralex lawyers have unique expertise in developing, implementing and maintaining antitrust compliance procedures in large holding companies. The antimonopoly policies developed by Infralex have already received high praise from the FAS of Russia.
Our antitrust compliance development and implementation services include:
- Conduct an antitrust audit of your company/group of companies' business processes and identify all risks with an assessment of their probability;
- Developing a methodology for self-identification of risks;
- Development of instructions for prevention and minimisation of risks, including detailed regulation of interaction with competitors, counterparties, state authorities, marketing and advertising campaigns, pricing procedure, etc.;
- Development of a procedure to familiarize employees of the company/group of companies with the antitrust compliance system;
- Preparation of the necessary internal acts of the company/group of companies constituting the antimonopoly compliance and their coordination with the Federal Antimonopoly Service of Russia;
- Training of employees of the company/group of companies in the field of antitrust legislation, followed by systematic implementation of the event to control knowledge and improve skills;
- Selection of a compliance officer;
- Systematic audit of a company/group of companies to assess the effectiveness of antitrust compliance.
Positive effect of antitrust compliance
- The actions of the company, carried out in accordance with the antitrust compliance agreed with the FAS of Russia, cannot be considered as violating antitrust laws.
- Prevention of violations of antitrust laws and, as a result, risks of negative consequences for the company, such as: recovery of fines, losses, damage to reputation, payment of legal expenses, invalidation of contracts, bringing company officials to administrative and criminal liability.
- Detection of violations of antitrust laws committed by employees and timely adoption of measures that ensure the least adverse consequences for the company's activities.
- Increase in the periods between the antitrust authority and scheduled inspections.