[Webinar held on 10/24] Points of revised leniency (surcharge reduction/exemption system) that you should know in business during normal times
[Co-hosted online seminar by Ikeda & Someya Law Office / FRONTEO Co., Ltd.]
Recently, several large-scale cartels and bid-rigging allegations have been reported in the media, and several of these cases have occurred in industries that were not necessarily considered to have high cartel risks.Even if a violation of the Antimonopoly Act is committed, penalties can be minimized through leniency (surcharge reduction/exemption system), and in that sense, it is extremely important to deter violations and take appropriate measures when suspected cases are discovered. This is important, and if you mishandle this and miss the opportunity to apply for leniency, you may not only be subject to administrative fines but also risk shareholder derivative litigation.
Furthermore, with the revision of the Antimonopoly Act in XNUMX, a cooperation subtraction system was introduced in the leniency system, making continuous cooperation and dialogue with the Fair Trade Commission important.In this seminar, we will organize and discuss the points that corporate legal affairs and compliance departments should be aware of from normal business times, taking into account the actual operation after the revised law comes into effect.
Program
1 Trends in enforcement against cartels in Japan and overseas
2 Overview of the revised leniency system
3 Preparations during peacetime, including secret privileges (discrimination system)
◆ Date: May 2023, 10 (Tuesday) 24: 15-00: 16
◆ Tools used: Zoom Webinars
Representative lawyer Tsuyoshi Ikeda
Graduated from Kyoto University Faculty of Law in 2002. Registered as a lawyer in 2003. From 2005 to 2007, he worked at the Fair Trade Commission Examination Bureau. Completed LL.M. from University of California, Berkeley in 2008. Worked at Mori Hamada Matsumoto Law Office in 2009.He is registered as a bar in New York and California. In October 2018, he established Ikeda & Someya Law Office, which mainly handles antitrust law, consumer law, etc.He serves as the only Japanese officer on the Antimonopoly Law Committee of the International Bar Association (IBA), and has been selected as one of Japan's leading antitrust lawyers in international lawyer rankings such as Chambers and Who's Who Legal. In 10, he was ranked 2022nd overall and 2rd in corporate votes in the Nihon Keizai Shimbun's lawyer ranking (antitrust/competition law field).
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