Set­tle­ment for car­tel cases

Kathimerini English - - Focus - DIM­I­TRA MANIFAVA

The set­tle­ment­pro­cess for com­pa­nies in­volved in car­tel prac­tices will start ap­ply­ing af­ter the Com­pe­ti­tion Com­mis­sion yes­ter­day is­sued its de­ci­sion on how this will hap­pen.

The com­mis­sion’s de­ci­sion at this point in time, com­bined with the post­pone­ment of the hear­ing of the con­struc­tion sec­tor car­tel case un­til Septem­ber 26, means that the en­ter­prises in­volved have a chance to ap­ply for a set­tle­ment.

The start of the process, which slashes fines by 15 per­cent, also ac­ti­vates a con­tro­ver­sial clause passed in May that of­fers com­pa­nies a type of amnesty for other fi­nan­cial crimes.

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