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VOL. 6, ISSUE 1 (2024)
Leniency program in Indian competition law: A study on CCI (Lesser Penalty) regulations, 2009
Authors
Reetika Rana
Abstract
The Competition Act, 2002
was enacted with the objective of ensuring healthy competition and eradicating
anti-competitive practices in the market. Competition authorities across the
globe have considered cartels as the most heinous form of anti-trust offence.
Eradicating cartels have been the top-most priority of most of the
jurisdictions and the Competition Commission of India has been no exception to
it. However, over time, detecting and prosecuting cartels have become a
challenging task for fair trade regulators. Henceforth, in a bid to aid
enforcement, various jurisdictions, including India, have adopted leniency
programs to encourage undertakings involved in cartels to disclose information
about any existing cartels in exchange for complete or partial immunity. This
research paper makes an attempt to interpret the leniency provisions contained
in the Competition Act, 2002 as well as the Competition Commission of India
(Lesser Penalty) Regulations, 2009 as amended in 2017.
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Pages:6-11
How to cite this article:
Reetika Rana "Leniency program in Indian competition law: A study on CCI (Lesser Penalty) regulations, 2009". International Journal of Law, Policy and Social Review, Vol 6, Issue 1, 2024, Pages 6-11
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