What HR professionals should bear in mind to minimize the risk of antitrust infringements?
With increasing protectionist barriers around the globe, companies are rushing to find new opportunities to expand and grow. This competition has extended to the hiring of employees, especially in the industries where skilled talent is required. Many sectors are currently plagued by recruitment problems and HR departments deal with them in different ways. Some of the solutions they adopt have attracted the attention of competition authorities, which have started zooming in not only on no-poaching agreements but also on several other HR practices, such as wage-fixing agreements, unlawful exchange of information, as well as so-called predatory hiring.
Some of these may lead to individual fines of up to PLN 2 million - which can be imposed on the firms' managers (including heads of HR departments) - and fines of up to 10% of annual turnover - which can be imposed on the firms themselves - as well as to private antitrust enforcement lawsuits. The increased interest of competition authorities in various initiatives of HR departments on the one hand, and the growing role of whistleblowers and the leniency program on the other, suggest that this risk is no longer hypothetical.
We invite you to a seminar on the most important competition law issues that HR specialists should bear in mind, which will also include practical tips aimed at minimizing the risk of antitrust infringements. These new challenges facing HR teams will be presented by Associate Kamil Bułakowski and Partner Agnieszka Stefanowicz-Barańska from Dentons.
The meeting will take place on Tuesday, November 5 from 9:30 a.m. to 11:00 a.m. in the AmCham Boardroom, Spektrum Tower, ul. Twarda 18, 16th floor.
Kamil Bułakowski Associate at Dentons