Competition Commission of India Announces First Leniency in Cartel Case

I received this email about an important development in India’s cartel enforcement program from my friends at the law firm of Shardul Amarchand Mangaldas & Co. I am posting it with permission.

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Dear Bob,

Yesterday, on 19 January 2017, the Competition Commission of India (CCI) published the first order involving leniency in a cartel case, heralding a much awaited and welcome chapter in its cartel enforcement regime.

In this order, a 75% reduction in the penalty was granted to both the leniency applicant (an enterprise) and the responsible individual involved in the cartel, bearing in mind the stage at which the leniency application was made and the evidence already in the CCI’s possession at that time.

Please find attached a summary and our analysis of this important order. Competition Matters – First Indian Leniency Decision

Best regards,

Competition Law Team
Shardul Amarchand Mangaldas & Co.