Lesser penalty conditions require cessation of cartel participation and full cooperation, affecting eligibility for penalty reduction and evidence use. Applicants for lesser penalty must cease cartel participation and provide vital disclosure, all relevant information, documents and evidence, co-operate ... Summary
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Lesser penalty conditions require cessation of cartel participation and full cooperation, affecting eligibility for penalty reduction and evidence use.
Applicants for lesser penalty must cease cartel participation and provide vital disclosure, all relevant information, documents and evidence, co-operate fully and continuously, and preserve relevant documents. Non-compliance permits the Commission to use submitted information and to impose further conditions, while reduction in monetary penalty is guided by the timing of disclosure, existing evidence, quality of information, and overall facts and circumstances.
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