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Brazil: CADE proposes new protocol to extend leniency benefits for cartel cases

By  |  January 8, 2013

Brazil’s competition authority CADE has announced new proposals in regulation changes for settling cartel cases under the nation’s new antitrust laws. Among the proposals includes a new procedure and incentives for those accused of cartelization to settle – those incentives include fine reductions even for companies who do not qualify for amnesty. While current law allows leniency for the first company to come forward with information regarding a cartel, the law has no leniency for subsequent companies who come forward. The proposed changes include a gradient scale of fine reduction for subsequent companies who come forward.

 

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