Leniency for cartel disclosure: reduced penalties allowed subject to full, true and vital disclosure and continued cooperation. The Commission may grant a lesser penalty to a cartel participant who makes a full, true and vital disclosure of alleged cartel violations, provided the report of investigation under section 26 has not been received and the participant continues to cooperate; benefits may be withdrawn and original penalties imposed if conditions are not met, false evidence is given, or the disclosure is not vital.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Leniency for cartel disclosure: reduced penalties allowed subject to full, true and vital disclosure and continued cooperation.
The Commission may grant a lesser penalty to a cartel participant who makes a full, true and vital disclosure of alleged cartel violations, provided the report of investigation under section 26 has not been received and the participant continues to cooperate; benefits may be withdrawn and original penalties imposed if conditions are not met, false evidence is given, or the disclosure is not vital.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
