The essence of the leniency programme
The leniency programme is a special rule for the exemption from a fine, fully or partially, in the event of concluding a contract, making a decision, or taking concerted practice resulted in restricted competition.
The leniency programme also applies to the coordinated actions of the relevant persons in the field of market manipulation and attempted market manipulation.
What conditions are required to qualify for the Cooperation Program?
In order to use the leniency programme, the undertaking shall:
- acknowledge in writing the participation in the relevant action;
- submit to the Commission in writing all relevant information and evidence related to the action, before this information becomes known to the Commission from another source;
- cooperate continuously and unrestrictedly with the Commission in the process of studying the issue;
- terminate its participation in the illegal action, unless the Commission considers that the continuation of the person's participation in the agreement will facilitate the study of the issues raised in the application;
- not destroy important documents and evidence for the study of the issue;
- not disclose information about participation in the leniency programme.
Benefits provided by the leniency programme
The leniency programme provides the following types of benefits:
- first category - exemption from a fine from 50% to 100%;
- second category - exemption from a fine from 20% to 50%;
- third category - exemption from the fine up to 20%.