News & Media 22nd Feb 2024

CCI notifies leniency-plus scheme to curb cartelization


Ravisekhar Nair Partner | Bengaluru

Latest Thought Leadership

Articles 14th Jun 2024

Digital Bouncers: Navigating the Digital Competition

Read More
Articles 14th Jun 2024

SEBI Imposes Financial Penalties on Market Infrastructure Institutions For Surveillance Failures

Read More
News & Media 13th Jun 2024

Compensation claims plunge as SEBI crackdown intensifies

Read More
News & Media 12th Jun 2024

50% assured pension for central govt staff under NPS: Proposal explained

Read More

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.

Against this backdrop, Ravisekhar Nair, Partner, Economic Laws Practice (ELP) has been quoted in an article “CCI notifies leniency-plus scheme to curb cartelization” published by Economic Times.

Read the article here