Compliance with competition law is higher than ever on the risk management agenda for companies in all sectors. The penalties for breaching competition law are severe and constantly on the increase and might amount up to 10% of global turnover of firms, while in certain jurisdictions criminal prosecution is an additional threat. In 2007, the European Commission alone imposed cartel penalties in excess of EUR 3.5 billion. The law is complex and fast-changing, as the EU and national competition authorities continue to refine and focus their approach to competition enforcement.

In this context, bpv LEGAL member firms are organizing a series of four competition law seminars to be held jointly in major CEE jurisdictions.

The first seminar on “Practical Competition Law: Compliance, Leniency and Damages” will be hosted by bpv GRIGORESCU in Bucharest, on October 29, 2008 at Radisson SAS Hotel.
The complete calendar of events is:

October 29, 2008 in Bucharest, hosted by bpv GRIGORESCU
November 25, 2008 in Prague, hosted by bpv BRAUN HASKOVCOVA
December 4th, 2008 in Budapest, hosted by bpv JADI-NEMETH
January 22, 2009 in Vienna, hosted by bpv HÜGEL RECHTSÄNWALTE

With expert speakers from private practice, you will hear from practitioners who are at the center of these developments. They will share their experience and give you a comprehensive and commercially oriented update on the key practical enforcement issues which will enable you to carry out within the company a learned self-assessment and thus assist you in minimizing risks and limiting financial damage.

The seminar will cover EU rules, which apply in all target legislations, but will include presentations of specific aspects of the respective national competition law which applies in the jurisdiction where the seminar is held, wherever appropriate.

Who should attend: executives and top managers, in-house lawyers and compliance officers.

If you are interested in attending the first seminar in Bucharest or any of the seminars held in other locations please contact Ms. Stefania Vasiliu on or at (+40 21)264 16 50. Due to limited availability, participation is subject to confirmation.

Please click here to view the invitation with complete details on the upcoming event.

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