CCI releases draft regulations to bust cartels under leniency-plus regime

The Competition Commission of India (CCI) has introduced draft regulations for the 'leniency-plus' regime, which will reward companies under investigation for being part of a cartel if they proactively report other cartels they are involved in. If ratified, the CCI can reduce penalties by up to an additional 30% for a company involved in the first cartel and up to 100% for its involvement in the newly-disclosed cartel.

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