In the face of an increasingly complex regulatory environment, in-house counsel often cite compliance with the multitude of regulations imposed on global companies as a top concern.

Not all in-house attorneys think of regulations abroad as a frustration, though. At a panel discussion in New York Wednesday on “The Rule and Role of Law,” General Electric Co. senior vice president and general counsel Alex Dimitrief said the ability to achieve compliance in a fragmented regulatory environment can, in fact, offer a massive competitive advantage.

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