What are the primary components of due diligence on competition law ?
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2015
What are the primary components of due diligence on competition law ?
Answer & Explanation:
Due diligence on competition law aspects is an examination of the actual operations and practices of an enterprise to determine the extent of its compliance with the competition law and to identify potential risks and liabilities, and assess the adherence to and effectiveness of the company's competition law compliance policy and training program. Primary components of Competition Law due diligence are: An examination of selected company documents. Interviews with selected company personnel. Identify specific business activities that potentially could create antitrust exposure for the company. The results of the due diligence may suggest an enterprise to have an effective competition law compliance programme. The results of the due diligence may result in variation of deal value, withdrawal of deal and also make suggestions to structure a compliance program.
Topics: Due Diligence
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