European Commission Adopts Cartel Settlement Procedure

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On June 30, 2008, the European Commission (the “Commission”)

adopted a settlement procedure for cartel cases.[1] Under the settlement procedure, a defendant acknowledging its participation in a cartel will receive a 10% reduction in its fine.

See legal update for more information.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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