EUROPEAN UNION|European Union law · BUSINESS AND COMPETITION|competition|competition law
- luaíocht socraíochta Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- settlement reward
- en
- Definition reward for cooperation in the conduct of proceedings commenced in view of the application of Article 81 of the EC Treaty to cartel cases Reference "COM-EN based on: Commission Notice on the conduct of settlement procedures in view of the adoption of Decisions pursuant to Article 7 and Article 23 of Council Regulation (EC) No 1/2003 in cartel cases CELEX:52008XC0702(01)/EN Article 81 of the EC Treaty http://ec.europa.eu/competition/legislation/treaties/ec/art81_en.html [18.2.2014]"
- Comment Should the Commission decide to reward a party for settlement in the framework of this Notice, it will reduce by 10 % the amount of the fine to be imposed after the 10 % cap has been applied having regard to the Guidelines on the method of setting fines imposed pursuant to Article 23(2)(a) of Regulation (EC) No 1/2003.