Drafting and implementing an effective Peruvian leniency policy
Palabras clave:
Competition Law, Leniency, Cartels, ConfidentialityResumen
To fight cartels, antitrust authorities have realized that the imposition of fines is not enough. Indeed, the adoption of leniency programmes in several jurisdictions has led to significant increases in cartel enforcement. Therefore, this paper highlights the importance of leniency programmes for effective cartel prosecution because, if carefully designed, they can be an appropriate mechanism of enforcement against anticompetitive behavior.Yet Peru has not been successful at all in the implementation ofleniency as an integral part of an active Cartel Policy. For that reason, this paper focuses on the problems of the Peruvian Leniency Programme by analyzing Article 26 of the Peruvian Competition Act and attempts to make some key recommendations.