Effectiveness of Whistle blower and Leniency Programme in Detecting and Preventing Cartels

Abstract

Cartels are the most egregious of all anti competitive behaviours and the ultimate antitrust evil. 2 To combat the increasing number of cartels that are disrupting fair markets and encouraging unfair practises such as price hikes, output limits, and credit restrictions, the Indian government has, to some extent, effectively adopted the subordinate legislation of Leniency Provisions. Due to their clandestine operations and stringent enforcement, cartel agreements are difficult to recognise. However, cartel members believe that the danger of punishment outweighs the advantages of engaging in illegal activity when substantial monetary penalties are in place. As a result, they are compelled to reveal their anti-competitive activities.