Competition compliance—Romania—Q&A guide

The following Commercial practice note provides comprehensive and up to date legal information covering:

  • Competition compliance—Romania—Q&A guide
  • 1. What is the general attitude of business and the authorities to competition compliance?
  • 2. Is there a government-approved standard for compliance programmes in your jurisdiction?
  • 3. Is the compliance guidance generally applicable or do best practice and obligations depend on company size and the sector of the economy it operates in?
  • 4. If the company has a competition compliance programme in place, does it have any effect on sanctions?
  • 5. How does a company demonstrate its commitment to competition compliance?
  • 6. What are the key features of a compliance programme regarding risk identification?
  • 7. What are the key features of a compliance programme regarding risk assessment?
  • 8. What are the key features of a compliance programme regarding risk mitigation?
  • 9. What are the key features of a compliance programme regarding review?
  • More...

Competition compliance—Romania—Q&A guide

This Practice Note contains a jurisdiction-specific Q&A guide to competition compliance in Romania published as part of the Lexology Getting the Deal Through series by Law Business Research (published: March 2020).

Authors: MPR Partners | Maravela, Popescu & Roman—Alina Popescu; Magda Grigore; Oana Săvulescu

1. What is the general attitude of business and the authorities to competition compliance?

Businesses have started to become more aware of the importance of competition compliance. Many of the international companies with a presence in Romania already have in place competition compliance systems at the group level. However, there are still numerous companies that do not feel that competition compliance requirements concern them. Those companies are usually under the wrong impression that competition compliance only deals with a small number of types of conduct (such as price fixing) and only with dominant companies.

The Romanian Competition Council (RCC) has intensified its efforts to raise awareness with regard to competition compliance and educate companies in this regard by issuing guidelines and taking part in various conferences, seminars and workshops.

2. Is there a government-approved standard for compliance programmes in your jurisdiction?

The RCC has published a competition compliance guide (the RCC Compliance Guide) that provides the main elements of an efficient compliance programme and its implementation in practice, while also providing useful examples of anticompetitive conduct. The guide also emphasises that effective implementation of

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