Antitrust, Competition and Economic Regulation
COMPETECOMPetition Electronic Training ExperienceBeyond Competition ComplianceMay 2011
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What’s COMPETE?
• A CUSTOMISABLE competition law compliance e-learning, testing
and risk management programme
• Allows you to deliver awareness level training for all company
employees, including those whose positions, functions or locations
tend to require a heightened knowledge of competition law
• New in 2010, this seventy five minute programme offers the latest
developments and trends in competition law and adult learning,
based on state-of-the-art, tried and tested online training solutions
with high customer satisfaction
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Why focus on competition compliance?
Financial risk
Reputation risk• Damage to brand, reputation and shareholder and
customer confidence
• 100+ closely interconnected antitrust regimesworldwide; dawn raids and investigationsincreasing
Increased regulation
Individual liability• Criminal liability in an increasing number of
jurisdictions
Business disruption • Lost time and money to fight an investigation
Private damagesactions
• US treble damages suits for antitrustinfringements; measures to stimulate privatedamages in Europe
• Hefty fines up to 10% of turnover
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Challenges of competition compliance
Coverage• Logistics and expense of ensuring all employees
have properly understood
Relevance• Training more effective if tailored to the specific
risks a business faces
Monitoring andproof
• Need to demonstrate to regulators robust internalchecks and balances
Updating• Expensive to continually update and review hard
copy manuals
Engagement• Paper-based approaches can be ineffective in
communicating complex legal and economicconcepts
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COMPETE in more detail
What is it?
• Electronic learning, compliance and reporting toolbuilt around key areas of competition law:- importance of competition law compliance- agreements- dominance law- competition law risk management(including investigations, dawn raids and tradeassociations)
• Online interactive training
• Practical scenarios
• Focused case law summaries
• Q&A tests
• Filtered business reports and tracking systems
• Links to your own risk, compliance and learningmanagement systems
What does itoffer?
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Easily navigable
• To allow for entry and repeat visits for ease of learning and reinforcement of
message
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Opening teaser
• Brings the programme to life with video and audio ‘life of a cartel’
storyline
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Interactive training techniques
• Enable the learner to match concepts with explanations
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Practical scenarios
• Present learners with real life situations where they can test their
learning and the consequences of their actions
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Focussed case law summaries
• Provide examples of real life applications
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Practical guidelines
• Available for learners to print to remind themselves of key information
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Expandable “learn more” sections
• Providing richer content
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Talking heads provide additional narrative excerpts
• These cover a variety of scenarios including advice from a lawyer, address from
the company CEO, real-time reporting from a newscaster
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Q&A test
• Q&A test at the end of the course with feedback on the answers
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Options for filtered business reports and tracking systems
• Enable the business to identify which learners have completed the training and
their scores (anonymised where necessary)
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Options for customisation
• To reflect the identity of the company, its branding and specific challenges
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Why choose COMPETE?
• New in 2010, offering the latest developments and trends in
competition law and adult learning
• Comprehensive content covering the range of competitionlaw compliance areas
• Global access to all employees at any time and no complextechnologies to install
• Complements a business’ own competition compliance
programme and face-to-face training
• Focus on the positive aspects, including where competitionlaw may be used to a company’s advantage
Promotes
effective
compliance
through active
employee
engagement and
awareness
building
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Tailoring COMPETE for you
COMPETE can be customised for your company, including
branding, sector and company specific case studies and content
COMPETE is available in a number of languages to suit your needs,
including French, German, Spanish, Italian, Polish and Portuguese
We would be happy to discuss your needs in more detail and
arrange a demonstration
Hogan Lovells www.hoganlovells.com19
Contacts
To find out more contact:
• Susan Bright [email protected] +44 20 7296 2263
• Janet McDavid [email protected] +1 202 637 8780
• Peter Citron [email protected] +32 2 505 0911
• Maureen Nieber [email protected] +44 20 7296 2790
www.hoganlovells.com
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