New Leniency Regulation – What To Expect?

The final quarter of 2023 has brought certain exciting developments and changes to the Leniency Regulation. In September 2023, the TCA published a new draft of the Leniency Regulation for public consultation. At that time, the Leniency Regulation, which provides cartelists with the opportunity to obtain leniency and discounted fines (or even no fine at all) provided they cooperate with the TCA to detect cartels, had been in force for over 14 years. Thus, the changes in the Leniency Regulation were long overdue, and the new draft was welcomed by the sector. In December 2023, the new Leniency Regulation entered into force after its publication in the Official Gazette¹.

The principal amendments to the Leniency Regulation can be listed as follows: (i) incorporation of cartel facilitators into the leniency mechanism, (ii) introduction of the requirement to submit documents with significant added value, (iii) support of leniency applications for violations that are not