Regulations on Immunity and Reduction of Fines in Illegal Concerted Action Cases Article 17

When the investigation is concluded, the competent authority shall act according to Paragraph 2 of Article 8 and grant fine reduction to enterprises that it considers meeting the requirements set forth in Paragraph 1 of Article 8 for fine reduction and none of the situations defined in Article 19 for the competent authority to revoke the immunity approval with conditions attached exists.The competent authority shall reject applications from enterprises that it considers incompatible with the preceding paragraph and fine reduction will not be granted. Once the application is rejected, the concerned enterprise may not apply according to these Regulations to request for reduction of the fine to be imposed.