Draft CCI (Lesser Penalty) Regulations, 2023

On 17th October, 2023, the Competition Commission of India (CCI) published the draft Competition Commission of India (Lesser Penalty) Regulations, 2023 (LPR 2023).

  • Once notified, the LPR 2023 will amend the Competition Commission of India (Lesser Penalty) Regulations, 2009 (LPR 2009).
  • The LPR 2009 regulates the leniency programme which is available to those enterprises / individuals who disclose their role in a cartel to the CCI and cooperate with subsequent investigations in return of a reduction in penalty.
  • The LPR 2023 will operationalise the lesser penalty plus / leniency plus facility introduced by the Competition (Amendment) Act, 2023 (Amendment Act).

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