Terence Stechysin on the Canadian Competition Bureau [Podcast]




Compliance Perspectives show

Summary: <br> <a href="http://complianceandethics.org/wp-content/uploads/2015/02/turteltaub-adam-200x200-150x1501.jpg"></a>By Adam Turteltaub<br><br> adam.turteltaub@corporatecompliance.org<br> At the 2017 SCCE Washington, DC regional meeting we were fortunate to be joined by Terence Stechysin, the Acting Director of Compliance of the Canadian Competition Bureau.  In a podcast recorded there, Terry provides a good reminder that when thinking internationally, US compliance officers need to remember that, as close as Canada is, it does have its own regulations and regulators.<br> In this podcast Terry explains:<br> <br> * What the role of the Competition Bureau of Canada is<br> * Its similarity in role to the US FTC and the DOJ’s Antitrust Division and even state Attorney Generals offices<br> * Their commitment to innovation and competition<br> * The importance of focusing on business behavior, especially with partners, suppliers, and competitors<br> * The need to be aware that, when engaging in a business relationship, the organization needs to be aware of competition law<br> * Common problems such as agreeing to set prices, and who will bid on each contract<br> * The risks of trade association meetings<br> * The Competition Bureau’s guidelines on compliance programs, which are available <a href="http://www.competitionbureau.gc.ca">here</a><br> * The importance of “shared compliance” — business, government and law firms working together<br> * The Bureau’s outreach to the community, including at the incubator stage.<br> <br> Listen in to get better prepared to meet anti-competition challenges in Canada.<br>