The Leniency Program in the Spanish Competition Act: A Practical Vision
Clara Guzman Zapater
Comisión Nacional de la Competencia
July 31, 2012
Instituto de Empresa Business School Working Paper No. AJ8-188
The investigation and prosecution of all anticompetitive agreements between competitors or the so called cartels is a priority for the Spanish National Competition Authority (CNC). The Leniency Program, being one of the most effective tools in destabilizing and dismantling these anticompetitive agreements, only came into force in Spain on March 2008. Following a four year experience, it may be concluded that this program, which was designed on the basis of its sister European programs, the results seem highly positive. The present document deals with its procedural characteristics and its effective application in Spain, through a comprehensive lecture of the CNC’s Council decisions on this matter.
Note: Downloadable document is in Spanish.
Number of Pages in PDF File: 24
Keywords: Cartel, Leniency Program, anticompetitive agreements, exemption or reduction of fines, Spanish National Competition Authority (CNC), Spanish Competition Act
Date posted: October 22, 2012
© 2015 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo3 in 0.407 seconds