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Guidelines on exempting from the penalty payment and reducing the penalty payment in cartel cases

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The Finnish Competition and Consumer Authority (FCCA) has updated the guidelines on immunity from penalty payment and reducing the penalty payment in cartel cases. According to the Competition Act, an undertaking participating in an unlawful cartel may obtain leniency upon revealing such a cartel to competition authorities. The update is based on the ECN+ directive which harmonised the relevant legislation in the European Union.

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