Over the last four years the European Commission has levied fines on companies for breaches of EU competition law in excess of €6 billion. In 2014, over 100 antitrust investigations were launched by individual national competition authorities within the EU. In the UK, the Competition and Markets Authority currently has twelve competition investigations against companies and four criminal cartel cases against individual directors and employees. With the further threat of “follow-on” damages claims by customers or competitors, competition law compliance is a critical issue for companies, both large and small.
Compliance training forms a key part of any company’s approach to managing compliance risk. With support from our specialist competition lawyers, Law-Now E-learning has launched an online e-learning programme that can be tailored to your business. It will help to ensure directors, managers and sales staffs have a clear understanding of the types of agreements and business practices likely to infringe competition law rules within the EU.
The e-learning course is a flexible and modular tool that businesses can tailor and manage themselves, providing a comprehensive compliance solution for organisations with operations across the EU. It is designed to be practical, user-friendly and highly engaging. The course generally takes between 30 and 40 minutes to complete, and contains practical examples and quiz questions that help to reinforce the learning. Progress and completion of the course can be fully monitored and measured through a Learning Management System allowing you to generate reports showing course completions.