Italian leniency notice aligned to European Competition Network programme
On 25 March 2013 the Italian Antitrust Authority published an updated version of the Antitrust Leniency Notice. The new version implements the refinements to the Model Leniency Programme adopted by the European Competition Network last November. Significant amendments include the scope of the leniency programme, the explanations and clarification on the duty of continuous co-operation and the availability of the marker, and summary applications also for those applicants seeking the reduction of fines.
Secret cartels are considered the most serious of competition violations. The greatest challenge facing competition control authorities is to counter the increasingly sophisticated means used by companies to conceal collusive behaviour. Leniency programmes are considered the most effective tool today for detecting cartels and obtaining the relevant evidence. These programmes grant total or partial exemption from the fines that would otherwise be applicable to a cartel member which provides information and documents useful for the detection of the cartel…
If you are registered and logged in to the site, click on the link below to read the rest of the NCTM briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from NCTM
News from The Lawyer
Briefings from NCTM
Clarification on promotional offers, the ‘loyalisation’ of consumers and spam matters in Italy.
Across the EUniverse, issue 1: e-books VAT battle; freedom of personal data; shareholders’ rights revisited; and more
Legal implications of the latest moves in Brussels.
Analysis from The Lawyer
Being sent to London on secondment is a prized opportunity for associates in European firms