Dawn raids have become a fearsome weapon for regulators in Europe, and it appears that companies should be prepared for their use to increase as authorities clamp down on corporate abuses.

On 10 April, European Commission investigators carried out “unannounced inspections”—official-speak for “dawn raids”—across several EU member states over concerns that a number of sports broadcasters and media rights companies were involved in anti-competitive practices.

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Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...