Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Wednesday, June 13, 2018

Acting Deputy Assistant Attorney General Richard A. Powers Delivers Remarks at the Organisation for Economic Co-operation and Development (OECD) Paris,France ~ Tuesday, June 5, 2018

See here for the speech.

Highlights:

From the outset, we can increase our cooperation and our shared commitment to coordinating, where and to the extent possible, to decrease burdens on applicants. My predecessors—including Brent Snyder, who is speaking here today—have had some great ideas on practical ways to accomplish these goals. 

For example, when leniency applicants raise these issues with us, we can: 1) try to coordinate timelines and deadlines to allow the applicant to meet them in multiple jurisdictions; 2) tailor our document demands to get the necessary evidence from the leniency applicant without unnecessary burden; and 3) where possible, coordinate the timing and locations of interviews to alleviate burdens on applicants and employees.

We look forward to furthering this mission by first engaging with foreign enforcers, and also the defense bar, to examine possible ways to reduce unnecessary burdens on leniency applicants. I welcome your thoughts and ideas, and look forward to an open, productive dialogue on these issues. 

...

While we are mindful of the concerns we have heard, we do not agree with the notion that the benefits of leniency are not sufficient to induce self-reporting. Where some may argue that the carrot is not as effective because of some of the issues raised here today, the stick has not changed. 

 

 

https://lawprofessors.typepad.com/antitrustprof_blog/2018/06/acting-deputy-assistant-attorney-general-richard-a-powers-delivers-remarks-at-the-organisation-for-e.html

| Permalink

Comments

Post a comment