The central government is planning to introduce a “leniency plus” programme in a bid to encourage companies, under investigation for one cartel, to report other cartels that are not known to the competition regulator, BusinessLine reported on Monday.
The “leniency plus” programme — a new cartel detecting tool — under the recent Competition (Amendment) Bill 2022 was introduced in the Lok Sabha during the recently concluded Monsoon Session, Competition Commission of India (CCI)'s Chairperson, Ashok Kumar Gupta told BusinessLine.
“Our experience of enforcing leniency regime has been encouraging so far and has helped CCI in uncovering cartels through this route. The