RISK ASSESSMENT FOR VIOLATION OF ANTI-TRUST LEGISLATION BY STATE EXECUTIVE AUTHORITIES

Abstract

The article deals with a problem of building an anti-trust compliance system in state executive authorities from the point of view of contemporary risk management. The authors expound a well-known instrument based on the bow-tie diagram construction which successfully helps to develop effective measures to prevent violation of anti-trust legislation cases by state executive authorities. They also give some numeric results of statistical modelling of anti-trust legislation violation risks by state executive authorities by means of the Monte-Carlo method.

Keywords

• anti-trust compliance
• risk management
• risk analysis
• risk evaluation
• bow-tie diagram
• iso 31000
• monte-carlo method