CASE COMMENTS: PROCEDURES – FRANCE – COMPLIANCE PROGRAMS – COMMITMENTS – COMMUNICATION ON THE CALCULATION OF FINES

Commitments: The French Competition Authority revokes de facto (just before its official revocation in a subsequent communication) the principle according to which commitments consisting in enforcement of a compliance program justify, subject to conditions, a reduction of the fine (Sector for resilient and textile floorings)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. On October 18, 2017, the AMF adopted a settlement decision that marks a break in its approach to compliance programme

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Authors

  • University of Paris I Panthéon-Sorbonne
  • Ashurst (Paris)

Quotation

Christophe Lemaire, Simon Naudin, Commitments: The French Competition Authority revokes de facto (just before its official revocation in a subsequent communication) the principle according to which commitments consisting in enforcement of a compliance program justify, subject to conditions, a reduction of the fine (Sector for resilient and textile floorings), 18 October 2017, Concurrences N° 1-2018, Art. N° 86252, pp. 163-164

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