Regulators are increasingly focused on competition law compliance. Mere suspicion of a competition law violation can result in investigations that distract management and lead to substantial costs in terms of both time and money. Companies want more than solutions to their competition law problems — they want to avoid them before they arise.
The Blakes Competition, Antitrust & Foreign Investment group provides our clients with timely, proactive guidance on competition law compliance, helping them to minimize or eliminate their risk and detect any contraventions that might occur.
Clients seek our guidance when developing and implementing competition compliance programs that demonstrate (to competition law authorities and other stakeholders) their commitment to respecting competition laws. A credible and effective compliance program can also be a mitigating factor in the event of a breach of the Competition Act, including with respect to the value of any financial penalty.
Building on our extensive experience with the Competition Bureau, we work with our clients to develop and implement compliance programs that meet the Bureau’s expectations and are tailored to our client’s needs, including delivering effective employee training programs, conducting mock dawn raids, implementing internal competition law reporting systems (including "whistleblower" systems) and developing best practices for competition law compliance.