LEGAL PRACTICE - SETTLEMENT PROCEEDINGS - FRENCH COMPETITION AUTHORITY
The settlement procedure before the French Competition Council
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Since 1996, the European Commission has granted immunity or conditional reductions of fines to companies which, by providing information, have facilitated the Commission's detection and investigation of violations of the competition [1]rules. The cooperation of the companies concerned with the competition authorities is conditional upon their express acknowledgement of the facts on which the objections are based.
The NRE Act of 15 May 2001 incorporated into domestic law such procedures for cooperation with the competition authorities: the settlement procedure and the leniency procedure. While the leniency procedure grants a reduction or immunity to anyone
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