COMPETE COMPetition Electronic Training Experience Beyond Competition Compliance

Transcription

1 COMPETE COMPetition Electronic Training Experience Beyond Competition Compliance May 2011 Antitrust, Competition and Economic Regulation

2 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 2

3 Why focus on competition compliance? Financial risk Hefty fines up to 10% of turnover Reputation risk Increased regulation Individual liability Damage to brand, reputation and shareholder and customer confidence 100+ closely interconnected antitrust regimes worldwide; dawn raids and investigations increasing Criminal liability in an increasing number of jurisdictions Business disruption Lost time and money to fight an investigation Private damages actions US treble damages suits for antitrust infringements; measures to stimulate private damages in Europe 3

4 Challenges of competition compliance Coverage Logistics and expense of ensuring all employees have properly understood Relevance Monitoring and proof Engagement Updating Training more effective if tailored to the specific risks a business faces Need to demonstrate to regulators robust internal checks and balances Paper-based approaches can be ineffective in communicating complex legal and economic concepts Expensive to continually update and review hard copy manuals 4

5 COMPETE in more detail What is it? Electronic learning, compliance and reporting tool built around key areas of competition law: - importance of competition law compliance - agreements - dominance law - competition law risk management (including investigations, dawn raids and trade associations) Online interactive training Practical scenarios What does it offer? Focused case law summaries Q&A tests Filtered business reports and tracking systems Links to your own risk, compliance and learning management systems 5

6 Easily navigable To allow for entry and repeat visits for ease of learning and reinforcement of message 6

7 Opening teaser Brings the programme to life with video and audio life of a cartel storyline 7

8 Interactive training techniques Enable the learner to match concepts with explanations 8

9 Practical scenarios Present learners with real life situations where they can test their learning and the consequences of their actions 9

10 Focussed case law summaries Provide examples of real life applications 10

11 Practical guidelines Available for learners to print to remind themselves of key information 11

12 Expandable learn more sections Providing richer content 12

13 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 13

14 Q&A test Q&A test at the end of the course with feedback on the answers 14

15 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) 15

16 Options for customisation To reflect the identity of the company, its branding and specific challenges 16

17 Why choose COMPETE? Promotes effective compliance through active employee New in 2010, offering the latest developments and trends in competition law and adult learning Comprehensive content covering the range of competition law compliance areas Global access to all employees at any time and no complex technologies to install engagement and awareness building Complements a business own competition compliance programme and face-to-face training Focus on the positive aspects, including where competition law may be used to a company s advantage 17

18 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 18

19 Contacts To find out more contact: 19 Susan Bright Janet McDavid Peter Citron Maureen Nieber maureen.nieber@hoganlovells.com

20 (the "firm") refers to the international legal practice comprising International LLP, US LLP, Worldwide Group (a Swiss Verein), and their affiliated businesses, each of which is a separate legal entity. International LLP is a limited liability partnership registered in England and Wales with registered number OC Registered office and principal place of business: Atlantic House, Holborn Viaduct, London EC1A 2FG. US LLP is a limited liability partnership registered in the District of Columbia. The word "partner" is used to refer to a member of International LLP or a partner of US LLP, or an employee or consultant with equivalent standing and qualifications, and to a partner, member, employee or consultant in any of their affiliated businesses who has equivalent standing. Rankings and quotes from legal directories and other sources may refer to the former firms of Hogan & Hartson LLP and Lovells LLP. Where case studies are included, results achieved do not guarantee similar outcomes for other clients. New York State Notice: Attorney Advertising All rights reserved. LWDLIB