Thomas Sando One of the changes to the Norwegian Competition Act (the Act) that entered into force on January 1 2014 was the amendments to the leniency scheme available for cartel participants considering blowing the whistle to the Norwegian Competition Authority (the NCA). Under the previous scheme, the conditions for obtaining leniency were hidden in the Leniency Regulation. From January 1, the conditions are included in the new sections 30 and 31 of the Act, dealing with complete and partial leniency respectively. Besides the relocation of the conditions for obtaining leniency, the amended scheme introduces a marker system in line with the system in the EU. This is an improvement, as it will be possible for leniency applicants to initially bring only limited information, yet receive leniency rights from the time of the initial application.
July 07 2014