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Aug 22, 2017
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CCI may include individuals under leniency scheme
The Competition Commission of India (CCI) is considering bringing individuals within the ambit of its leniency norms, which give the watchdog discretionary powers in awarding punishment to an offender. Currently, only companies are eligible to be covered under these norms. Competition lawyers say that the CCI is trying to strengthen the leniency provisions to bust more cartels in the country. Section 46 of the CCI Act has a provision called the “leniency programme”, sparingly used by the watchdog so far. This allows waiving or imposing lesser penalty on parties
Source -
http://www.business-standard.com
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