The EU Commission issues new notice on immunity and reduction of fines in cartel cases

"The Commission’s new notice on immunity and reduction of fines in cartel cases: building on success"* On 13 February 2002, the Commission adopted its new notice on immunity from fines and reduction of fines in cartel cases [1]. The notice entered into force the following day and replaced the 1996 notice for all cartel cases in which a company had not already applied for leniency pursuant to that notice. Secret cartels between competitors are amongst the most damaging anti-competitive practices. Repeatedly denounced by Commissioner Monti as ‘cancers’ affecting the economy, they are so blatantly illegal that their participants deploy considerable efforts to maintain their secrecy. They are therefore particularly difficult to detect and prosecute successfully. The Commission is

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Auteurs

  • DG GROW (Brussels)
  • European External Action Service (Brussels)

Citation

François Arbault, Francisco Peiro, The EU Commission issues new notice on immunity and reduction of fines in cartel cases, 13 février 2002, e-Competitions February 2002, Art. N° 38964

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