[Webinar] Compliance Responses Regarding Antimonopoly Act Cartels and Bid-Rigging Cases - A Comprehensive Review of the Latest Cases in 2024 - Part 2
2024/ 9/ 19
Improving corporate value starting with human capital assessment - Towards the third year of human capital Part 3: How to proceed with human capital assessment
2024/ 9/ 25
Monday, August 2024, 8 Tokyo International Law Office / FRONTEO Co-hosted
Overview
In recent years, the Fair Trade Commission has been actively enforcing the law against cartels and collusion (unfair trade restrictions).
Even in 2024, numerous cease and desist orders and surcharge orders have already been issued and made public.
For example, the number of cease and desist orders and surcharge payment orders in 2023 was three, but only half a year has passed in 3, and the number has already more than doubled to seven. In addition, on July 2024, 2, it was reported that the Fair Trade Commission notified four major non-life insurance companies that it had recognized a price cartel for insurance premiums for corporate insurance contracts, and regulations against cartels and collusion are expected to become even stronger.
If a cartel or bid-rigging case is uncovered, not only will a large amount of fines be imposed, but there is also the risk that subsequent damages lawsuits and suspension of bidding eligibility will be required. In addition, the Fair Trade Commission's announcement and media coverage will inevitably damage the company's reputation.
Therefore, it is important to prevent violations before they occur and, if a violation has already occurred, to detect it early and reduce the impact by preventing or detecting cartels and collusion early, as well as taking appropriate post-incident measures.
In this seminar, a lawyer with experience working at the Fair Trade Commission will provide an overview of the latest cases of cartels and collusion in 2024, as well as explain how to prevent cartels and collusion, manage risks, and establish compliance systems.
Program
1. Overview of cartels and collusion (unfair trade restraints)
- Content of unfair trade restrictions
- Requirements and certification method for unfair trade restraints
2. Examination of specific cases of cartels and bid rigging
・Case studies of the latest cases in which cease and desist orders and surcharge payment orders were issued in 2024
・Key points to learn from the latest cases in 2024
3. Measures taken by companies in light of recent cases
・Preventive measures against cartels and collusion
・Post-event response to cartels and bid rigging
・Support provided by lawyers
Only members can watch it.
Please refrain from registering at a law firm, in the same industry as our company, or with a free email address.
Monday, August 2024, 8 Tokyo International Law Office / FRONTEO Co-hosted
Overview
In recent years, the Fair Trade Commission has been actively enforcing the law against cartels and collusion (unfair trade restrictions).
Even in 2024, numerous cease and desist orders and surcharge orders have already been issued and made public.
For example, the number of cease and desist orders and surcharge payment orders in 2023 was three, but only half a year has passed in 3, and the number has already more than doubled to seven. In addition, on July 2024, 2, it was reported that the Fair Trade Commission notified four major non-life insurance companies that it had recognized a price cartel for insurance premiums for corporate insurance contracts, and regulations against cartels and collusion are expected to become even stronger.
If a cartel or bid-rigging case is uncovered, not only will a large amount of fines be imposed, but there is also the risk that subsequent damages lawsuits and suspension of bidding eligibility will be required. In addition, the Fair Trade Commission's announcement and media coverage will inevitably damage the company's reputation.
Therefore, it is important to prevent violations before they occur and, if a violation has already occurred, to detect it early and reduce the impact by preventing or detecting cartels and collusion early, as well as taking appropriate post-incident measures.
In this seminar, a lawyer with experience working at the Fair Trade Commission will provide an overview of the latest cases of cartels and collusion in 2024, as well as explain how to prevent cartels and collusion, manage risks, and establish compliance systems.
Program
1. Overview of cartels and collusion (unfair trade restraints)
- Content of unfair trade restrictions
- Requirements and certification method for unfair trade restraints
2. Examination of specific cases of cartels and bid rigging
・Case studies of the latest cases in which cease and desist orders and surcharge payment orders were issued in 2024
・Key points to learn from the latest cases in 2024
3. Measures taken by companies in light of recent cases
・Preventive measures against cartels and collusion
・Post-event response to cartels and bid rigging
・Support provided by lawyers
lecturer
Naoki Uemura
HISTORY
2006 Graduated from Chuo University Faculty of Law
2008 Completed Chuo University Law School
January 2010 - March 1 Ushijima Sogo Law Office
2011-2014 Special Lecturer, Faculty of Commerce, Chuo University
April 2014 - March 4 Fair Trade Commission Secretariat (fixed-term civil servant)
2018 Fordham University School of Law (LL.M.) completed
September 2018 - April 9 Anderson Mori & Tomotsune Foreign Law Joint Venture
May 2023 Participation in our office
QUALIFICATION Lawyer qualification etc.
2009
Registered as a lawyer (62nd Judicial Training Institute)
Member of Daiichi Tokyo Bar Association
HISTORY
Graduated from the Faculty of Law, Keio University in 2013
2017 Graduated from Waseda University Law School
December 2018 - June 12 Atsumi & Sakai Law Office, Foreign Law Joint Enterprise
April 2022 Participation in our office
QUALIFICATION Lawyer qualification etc.
2018: Registered as a lawyer (71st term of the Legal Training and Research Institute)
Member of the Second Tokyo Bar Association
Profile
Tokyo International Law Office
Based on the basic concept of "a global firm originating in Japan", we provide strategic and flexible legal solutions based on a business perspective for management issues of Japanese and global companies that involve high-level domestic and international legal issues. mission.Cross-border M&A, domestic M&A, acquisition of listed companies (TOB, takeover defense, activist measures), international arbitration/disputes, EPC/infrastructure/renewable energy projects, antitrust/competition law, finance/financial regulation law, ESG/SDGs, We cover a wide range of areas, including compliance and fraud investigations, and remote and in-house services for legal department support. We provide global legal services to our bases.
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