Public consultation: Regulations for the Execution of the Leniency Program

Summary:

The Comisiu00f3n Nacional de Defensa de la Competencia has published a public consultation for the Regulation of Clemency, which aims to implement the Program of Clemency incorporated in Law 27,442. The regulation outlines the stages, procedure, and requirements for individuals or legal entities that have incurred or are incuring anticompetitive conduct, as defined in Article 2 of the Law of Defense of Competition, to apply for exoneration or reduction of sanctions.

The regulation covers topics such as the availability of markers, the format and content of the application, and the duty of confidentiality and cooperation. The purpose of the regulation is to increase participation in the program and make it a relevant tool for the CNDC in combating cartels. The public consultation is available until April 5, 2024, and comments can be submitted via email or in person at the CNDC's office in Buenos Aires.