LoginThe cost of compliance
To be effective, compliance for businesses should operate on a level playing field
Posted 16 July 2019 | JoTS Online
Content Tags: Analysis|Legal and Policy|National
ANALYSIS: Businesses investing heavily to meet regulatory requirements can be left at a disadvantage when competitors ignore the rules. This feature examines how inconsistent enforcement undermines compliance and fair competition.
Regulations enforcing trading standards should theoretically create a level playing field for everyone. However, problems continue to emerge because a lack of enforcement action is placing compliant companies at a competitive disadvantage against rivals who undercut prices by cutting corners.
One area where this is clearly evident is the enforcement of the Construction Products Regulation...
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