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Concurrences Article

The Intersection Between Anti-Bribery and Corruption and Antitrust Enforcement

Type

Book Chapter

Version

1.0

Date

March 2022

Summary

The article explores the intersection between anti-bribery and corruption (ABAC) and antitrust enforcement, emphasizing the similarities and differences in the misconduct each aims to prevent. While ABAC laws are designed to prevent personal gain through bribery, antitrust laws focus on maintaining market fairness by preventing price-fixing and other anti-competitive practices. Both areas often coexist in environments with poor corporate cultures, and the article discusses how compliance programs in these areas are evolving in response to increasing coordination between enforcement agencies. The article also reflects on the shared causes of misconduct, such as impaired decision-making and financial pressures, and highlights the need for more integrated and holistic risk assessments and compliance frameworks.

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