December 2025

The Anatomy of a Dawn Raid: Lessons from Ethics, Compliance, and Judicial Expectations

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Dawn raids - unannounced inspections by competition authorities - are among the most intrusive enforcement tools in antitrust law. They place companies under im-mediate pressure, testing not only their legal preparedness but also their ethical resilience. While the law provides a framework of minimum obligations, ethical con-duct can shape outcomes of an investigation as decisively as legal compliance.

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