On-demand webinar – Competition Law: Know Your Market

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In our recent webinar we covered competition law and what you need to know to be compliant. We were lucky to be joined by Head of Investigations and Intelligence David Harper and Assistant Director of Cartels within the Enforcement Directorate Kwadjo Adjepong from the Competition and Markets Authority (CMA). We explored the implications of existing competition law and gave guidance on how to comply with the legislation. We also answered questions on competition law and what you need to do to comply.

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The webinar covered:

  • The impact Brexit will have on UK competition law
  • How to ensure your business complies with competition law
  • The CMA’s role in enforcing competition law
  • The issue of cartels in the UK and the sectors most at risk
  • The process of raising suspicions and launching an investigation
  • Answering any questions attendee questions

During the webinar we conducted some polls. The results showed that 53% of attendees felt they had a fair or poor understanding of competition law, while only 4.5% felt they had an excellent understanding. By the end of the webinar, helped by the guidance shared by the CMA, those that said they have an excellent understanding doubled, while only 23% said they had a fair understanding. By the end of the webinar, no attendees said they had a poor understanding of competition law.

About the experts

David Harper is Director of Intelligence in the CMA’s Cartels and Criminal Group. David joined the CMA from the Metropolitan Police where he worked for 30 years and specialised in the production and management of intelligence connected with serious crime and risk assessment and management within the Covert Policing Command. This included time spent within Special Branch and at a number of agencies. His work has covered the tasking of the intelligence agencies in serious crime cases.

Kwadjo Adjepong is Assistant Director of Cartels within the Enforcement Directorate of the CMA. He has over 20 years’ experience as a lawyer specialising in competition law enforcement, financial services regulation and economic crime enforcement. Kwadjo is responsible for several cartel enforcement and leniency cases and is the CMA’s representative for the European Competition Network Cartels Working Group. Kwadjo also led the CMA’s Lead Generation Programme which involves a number of initiatives and media campaigns aiming to increase awareness of cartels and increase competition law compliance.

As Director of Best Practice at VinciWorks, Gary Yantin works with law firms of all sizes to provide the best compliance learning experience for their staff. He was previously an in house lawyer and a solicitor in private practice. Gary has hosted many webinars and workshops for VinciWorks on a wide range of risk and compliance topics including GDPR, sanctions and anti-money laundering.

Nick Henderson is Director of Course Development at VinciWorks and has played an important role in developing VinciWorks’ most interactive and customisable courses, such as Competition Law: Know Your Market, MyStory: Harassment and Bullying at Work, AML: Know Your Risk and GDPR: Privacy at Work. Nick is a policy expert with a background in public, voluntary and private sectors and has expert-level knowledge across a wide range of areas.

New competition law training

VinciWorks has just released a new course, Competition Law: Know Your Market. The course includes real examples of potential suspicious actions, with the user having to determine whether or not there could be illegal activity in play. It is broken into short modules that cover different aspects of UK competition law, including price fixing, cartels and meetings with competitors. You can demo the course for free here.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”

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James

VinciWorks CEO, VInciWorks

Spending time looking for your parcel around the neighbourhood is a thing of the past. That’s a promise.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.