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Podcast: businessline's State of the Economy Podcast
Episode: Leniency Plus: CCI's New Weapon in the Battle Against Cartels
Description: Cartels represent a serious threat to competition, innovation, and consumer welfare. Leniency programmes on the other hand play a crucial role in the battle against cartels by providing a strong incentive for cartel members to expose their illegal activities. These programmes have proven their worth by detecting and dismantling cartels, imposing fines, and creating a culture of competition compliance within the business community. However, ongoing international cooperation and effective enforcement are essential to ensure that leniency programs continue to serve as a powerful deterrent to cartel behavior, ultimately fostering a fair and competitive business environment.S...