Stay updated with breaking news from Leniency Programme. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A look at some of the key questions surrounding immunity and leniency programmes for cartel participants in South Korea, including procedural requirements and the advantages of cooperation.
A look at some of the key questions surrounding immunity and leniency programmes for cartel participants in Bulgaria, including procedural requirements and the advantages of cooperation.
Fight back against the cartel culture One of 14 individual linked with ‘Nicky Gang’ – Bernama The news in early April this year regarding the existence of a cartel/syndicate that had been monopolising government procurement contracts is yet again a grim reminder of how deeply rooted the culture of corruption is in our society. The modus operandi of the cartel was to deploy some 150 companies under its control as cover for submitting tender bids to ministries and agencies. In other words, the sheer number of companies submitting the bids gave the illusion of unrelated bidders. At the...
To print this article, all you need is to be registered or login on Mondaq.com. The European Commission has stressed the importance and the need for effective enforcement of EU competition rules by the National Competition Authorities (‘'NCAs'') and considers that, while NCAs have notably increased their enforcement activities in recent years, much more needs to be done to improve cartel detection rates particularly at a national level. Although all NCAs have the competence and indeed sometimes the obligation to enforce Articles 101 and 102 of the Treaty on the Funct...
December 22, 2020 The substantive provisions of Hong Kong’s Competition Ordinance (“Ordinance”) came into force in December 2015. This note looks at the main achievements in the first five years and some of the challenges laying ahead. The main achievements of the Hong Kong Competition Commission (“Commission”) are first and foremost building up—from scratch—a competent and trustworthy institution. The Commission has hired seasoned enforcers from overseas with impeccable reputations which has brought immediate credibility to the Commission. It has embarked on a wide range of edu...