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COMP ET I T I ON LAW
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•
submit information and evidence in respect of the alleged cartel
including the products affected, the duration of the cartel, the names
of the undertakings party to the cartel, specific dates, locations, and
participants in cartel meetings
•
not conceal or destroy information or evidence related to the alleged
cartel
•
cease their involvement in the alleged cartel except for cases when
it is requested by the Competition Authority
•
keep the application confidential until the end of the investigation
unless otherwise requested by the Competition Authority
•
maintain active cooperation until the Competition Board takes the
final decision.
Conclusion
In the light of the legislation mentioned above regarding the cartel
establishment, all relevant undertakings, undertaking associations and
their employees must raise their awareness and should not establish illegal
cartels or prevent their establishment. In this way, the competition culture
would be rooted, and the undertakings, associations, and/or their employees
would not face astronomic fines.