Leniency: The French Competition Council issues first partial exemption of fines granted in a leniency procedure (Cartel in the steel industry)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. – Conc. conc. dec. no. 08-D-32 of 16 December 2008 on practices implemented in the steel products trading sector While this decision of the Competition Council will be of particular interest for the amount of the fine to which it gave rise (just over EUR 575 million in fines for the eleven undertakings and the federation convicted and no less than EUR 288 million for one of the undertakings), it is also of interest for the leniency procedure. While this is the fourth leniency decision adopted by the Council, it is the first in which the rules on partial exemption from sanctions are applied (whereas until now the decisions concerned full immunities).