EU Settlement Plan Needs More Incentive: Attorneys

Law360, New York (June 18, 2008, 12:00 AM EDT) -- A new settlement program expected to be introduced in Europe within the next month could give alleged cartel participants the chance to take a speedier route to ending European Commission investigations, but lawyers say that some of the program's provisions could dissuade defendants.

The cartel settlement program, which the EC plans to adopt before its August break, would allow defendants in cartel investigations launched as late at this year to acknowledge their guilt in writing in order to close the case after about 18 months and...
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