Europe's New Leniency Rules Raise Concerns

Law360, New York (December 7, 2006, 12:00 AM EST) -- The European Commission revised its cartel leniency rules on Thursday to clear up misunderstandings and raise the bar for what companies need to do to qualify for immunity, prompting criticism by lawyers who said Europe should emulate the U.S. model more closely.

Since 2002, the Commission has followed a whistleblower leniency system similar to the one used by the United States Department of Justice, in which the first member of a cartel to come forward receives complete immunity from fines and possible jail time.

Under the...
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