cartelisation: CCI notifies leniency-plus scheme to curb cartelisation
The Competition Commission of India (CCI) has implemented regulations for the leniency-plus regime, allowing companies involved in cartelisation to report other cartels and receive reduced penalties. The CCI can reduce penalties by up to 30% for involvement in the first cartel and up to 100% for newly-disclosed cartels. The amount of penalty reduction will be based on the evidence provided by the applicant.
Source: indiatimes.com