CCI introduces Leniency “Plus” regime in India- Will it suffice?

India’s fair market watchdog, Competition Commission of India (“CCI”), after due consultations, has finally notified the “leniency plus” mechanism to further strengthen cartel detecting framework in India. CCI, in exercise of its powers underpowers conferred by sub- section (1) and clauses (ga),(gb) and (gc) of sub-section (2) of section 64, read with section 46 and…

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CCI PENALIZES BATTERY MANUFACTURERS’ ADMITTED CARTEL -DECIDES ITS SECOND LENIENCY CASE

CCI PENALIZES BATTERY MANUFACTURERS’ ADMITTED CARTEL -DECIDES ITS SECOND LENIENCY CASE     Competition Commission of India (CCI) by an order dated 19 April 2018, in its second decision on a leniency application, has awarded a 100 (One Hundred) per cent reduction in penalty to the leniency applicant, Panasonic Energy India Co. Ltd (“Panasonic”) in…

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