Settlement

In case of cartels the undertaking has another option to use the concept of “settlement”. Settlement allows the person violating the Act on Protection of Competition to gain benefit in the form of reduced fine up to the amount of 30% if this person voluntarily acknowledges his/her participation in the infringement and bear liability for such actions.

Conditions for the application of settlement procedure are specified in the Decree on Settlement.
 

Last update: 02.12.2014