350.Transaction procedure: The European Commission introduces the transaction procedure into EU antitrust law

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. Draft Commission Notice on the conduct of settlement procedures in view of the adoption of decisions pursuant to Articles 7 and 23 of Council Regulation (EC) No 1/2003 in cartel cases The Commission adopted on 30 June 2008 a settlement procedure Community procedure, which is significantly different from the French procedure, since which is to apply only to cartels and limited to the recognition by companies of their responsibility in the cartel. On is now aware of the Community's tariff for failure to contest grievances: 10 % reduction in the amount of the fine imposed. This was to be expected. The Commission's aim is twofold: on the one hand, to achieve