Compliance becomes increasingly important for our clients businesses. A few years ago, this topic did not attract much public interest in the Czech Republic and neighbouring CEE countries, but nowadays the contrary is true. Compliance more and more does not only concern mostly large enterprises any more, but also medium-sized companies. The reasons include ever more frequent official inspections as well as pressure from large customers, notably in the construction materials and the automotive industry, who force their suppliers to be compliant. Another stimulus to introduce compliance systems are the financial penalties, assessed by authorities from the turnover generated by the entire group, that often have a devastating impact. All of this motivates many of our clients to introduce a strict compliance system, the effectiveness and observance of which will be regularly supervised by us.
The range of our compliance and cartel law services is wide. In addition to analysing business risks, including a comprehensive contractual and legal audit, interviews with the company management and heads of the departments which are particularly at risk, we also offer intensive training of your employees, exactly tailored to your business and its needs. We can simulate dawn raids on the basis of multilingual PC key word search lists. We will train your employees in the manners of correct behaviour and dealing with inspection authorities. Naturally, we will intensively support you in structuring and putting in place of a compliance system in your company and, upon request, will regularly control and update your system.
We also offer traditional cartel law advice, such as representing you in proceedings at the Czech Republic’s Office for the Protection of Competition (ÚOHS).
In compliance and cartel law, just like in other fields of law, it is up to our clients to decide how extensive our work will be. That said, we will always be happy to review a specific contract for its conformity with antitrust law. However, the core of our work consists of the long-term support to our clients’ businesses in putting their compliance systems in place.