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    <title>Grant of lesser penalty</title>
    <link>https://www.taxtmi.com/acts?id=44147</link>
    <description>Applicants and specified individuals who first provide a vital disclosure enabling the Commission to form a prima facie opinion of a cartel, when the Commission lacked sufficient evidence, may obtain reduction of monetary penalty up to full remission. Subsequent applicants may receive reductions only if their disclosure supplies, in the Commission&#039;s view, significant added value to existing evidence that enhances the ability to establish the cartel; priority determines the scale of reduction, with second priority applicants eligible for a larger reduction than third or later applicants.</description>
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    <pubDate>Wed, 18 Sep 2024 16:38:24 +0530</pubDate>
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      <description>Applicants and specified individuals who first provide a vital disclosure enabling the Commission to form a prima facie opinion of a cartel, when the Commission lacked sufficient evidence, may obtain reduction of monetary penalty up to full remission. Subsequent applicants may receive reductions only if their disclosure supplies, in the Commission&#039;s view, significant added value to existing evidence that enhances the ability to establish the cartel; priority determines the scale of reduction, with second priority applicants eligible for a larger reduction than third or later applicants.</description>
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      <law>Law of Competition</law>
      <pubDate>Wed, 18 Sep 2024 16:38:24 +0530</pubDate>
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