The EU's Proposed Settlement Procedure For Cartels

Law360, New York (November 20, 2007, 12:00 AM EST) -- The European Commission published on 27 Oct. in the EC Official Journal a proposal for the introduction of a settlement procedure for cartel cases. The proposal is open to comments until 21 Dec. 2007.

The legislative package includes:

a draft amendment to the Commission procedural regulation n. 773/2004; and

a draft Notice setting out the procedure to be followed in settling cartel cases.

According to the proposals and a speech by Commissioner Kroes on 19 Nov. 2007 in Barcelona, thegoal of the proposals is to introduce...
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