DOJ calls for Compliance Program on Competition Law

07 August 2013

The DOJ Office for Competition (OFC) held a two-day event entitled "Promotion of Compliance Program and Advocacy Activities" from 5-6 August 2013 in Manila to push for competition reforms in the  private sector by way of voluntary compliance programs on antitrust  and anti-competitive practices.

Day 1 was designed for government regulators while day 2 was participated in by private business organizations.

"Programs like this promote a competition culture. The DOJ stands for economic justice and for inclusive growth to reach all sectors," said Secretary of Justice Leila M. De Lima.

Speakers from the Japan Fair Trade Commission (JFTC) shared experiences and case studies on developing and running such programs and its impact on the corporate environment.

"The most effective way to promote compliance with competition law is to start at the prevention stage - when companies and corporations know what is acceptable business practice and what is illegal," said Assistant Secretary Geronimo L. Sy, Head of the DOJ - OFC.

The event was organized in partnership with Japan International Cooperation Agency (JICA) is part of the first set of trainings under the Capability Building for a Comprehensive National Competition Policy and Law Phase 2 Project.


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