. Introduction
1.1The introduction to the leniency policy
Nowadays the hard core cartel activities are conducted in secret and
cause billions of dollars of harm to consumers. The efforts made by
cartelists to avoid detection becoming more and more sophisticated and
require an equally sophisticated response from competition
authorities.
Leniency policy of competition law is an effective tool for assisting
the detection and extracting information of anti-competitive cartel
behavior. The policy derived from U.S. and spread all over the world
for the time being.
Deterred by the harsh punishment, the undertakings usually arrange and
implement the monopoly agreement secretly, which greatly lessen
competition. And such secret cartels are the most serious violation of
antimonopoly law for they invariably result in higher and unfair price
It's difficult for anti-monopoly law enforcement agencies to acquire
the evidence and expensive to further detect the information related
to anti-competitive cartel conduct. Therefore, leniency policy is set
up to encourage those who involved in anti-competitive cartel behavior
to provide relevant evidence, which Great emphasis is laid on the
priority and clarity. The first person to formally apply to the
anti-monopoly law enforcement agency for leniency will be granted
immunity from the agency who initiated proceedings provided that they
co-operate fully with the agency throughout any investigation and
related proceedings .Leniency policies may fall into two categories,
one is immunity from punishment and another is reduction from
punishment.
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