Settlement mechanism for anti competitive conduct enables enterprises under inquiry to apply for settlement and defined settlement amounts. Defines key terms governing the settlement mechanism: Settlement Applicant (an enterprise facing an inquiry for alleged contraventions of antitrust provisions who files a Settlement Application), Settlement Amount (amount determined by the Commission), institutional terms (Act, Commission, Director General), and Penalty Guidelines. Unspecified words take meanings from the Competition Act, related regulations or the Companies Act to ensure consistent application.
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Provisions expressly mentioned in the judgment/order text.
Settlement mechanism for anti competitive conduct enables enterprises under inquiry to apply for settlement and defined settlement amounts.
Defines key terms governing the settlement mechanism: Settlement Applicant (an enterprise facing an inquiry for alleged contraventions of antitrust provisions who files a Settlement Application), Settlement Amount (amount determined by the Commission), institutional terms (Act, Commission, Director General), and Penalty Guidelines. Unspecified words take meanings from the Competition Act, related regulations or the Companies Act to ensure consistent application.
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