Cartel curbs: CCI releases draft rules for leniency plus regime
The rules are aimed at incentivising persons or cartels already under scrutiny to provide information about others that the regulator does not know about
Source: businesstoday.in
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Competition regulator to soon release 'leniency-plus' regulations to bust cartels
The Competition Commission of India (CCI) will introduce regulations for a proposed leniency-plus regime, which will encourage companies under investigation for cartelisation to report other cartels and receive reduced penalties. The CCI will seek stakeholder comments on the regulations and finalize them.
Source: indiatimes.com
CCI: CCI to firm up rules for leniency-plus regime: Chairperson Ravneet Kaur
The Competition Commission of India (CCI) is proposing a new "leniency-plus" regime that would allow companies under investigation for cartelisation to reduce penalties by disclosing information about other cartels. The regulator plans to seek stakeholder comments on the proposed regulations and finalize them for enforcement.
Source: indiatimes.com