Press Release: European Commission adopts new leniency policy for companies which give information on cartels

Author (Corporate)
Series Title
Series Details IP/02/247 (13.2.02)
Publication Date 13/02/2002
Content Type

The European Commission on 13 February 2002 took another important step to uncover and suppress price-fixing pacts and other hard-core cartels. The European Commission unanimously adopted a new leniency policy that creates greater incentives for companies to blow the whistle on the most serious violations of antitrust rules. Under the new rules the European Commission will grant total immunity from fines to the first company to submit evidence on a cartel unknown to, or unproved by the Commission.

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http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/02/223&format=HTML&rapid=0&language=EN&guiLanguage=en http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/02/223&format=HTML&rapid=0&language=EN&guiLanguage=en

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