If you operate in a market, competition law is already part of your business-whether you realize it or not. Waiting until competition authorities knock on your door may mean that your most important decisions have already been made. Most business leaders master the art of beating the competition but leave the “boring” legal details entirely to their lawyers. By the time the lawyers...
We frequently encounter a well-worn legal maxim: “Ignorance of the law is no excuse.” But what about ignorance of court rulings? Can a person be sanctioned or penalized by the very administration for “complying with” the provisions of a regulation which the administration has published? Many would intuitively reply, “Of course not; that would be absurd!” Before...
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