Argentina’s Chamber of Deputies has passed, with 137 votes in favor, a proposal to modify the country’s Penal Code to introduce the concept of a “repentant” party in cases of corruption, contraband, antitrust and other similar crimes. The successful vote ratified a series of modifications to the original law made by the Senate.
The new law states that under no circumstances may the person seeking leniency use this law to avoid prison time. Applicants will also only be able to claim the benefits of this designation when the information provided involves a greater crime or sentence.
Argentina’s congressmen approved the motion, which had been revised by the Senate to clarify other limitations, such as the applicant only being able to present information related to their own case, and only up until such time as the case moves to trial.
Full Content: Prensa Latina
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI