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Regulation 8 - Assessment of the terms of the settlement - CCI (Settlement) Regulations, 2024Extract 8. Assessment of the terms of the settlement. The Commission shall while considering the nature, gravity, impact of the alleged contraventions and for the purpose of assessing the Settlement Application, have due regard to all or any of the following factors, including: (a) the nature of conduct, its type, duration and extent of the alleged contraventions; (b) whether the settlement terms address the alleged contraventions and the same can be implemented effectively and expeditiously besides being easy to monitor; (c) whether the terms of settlement make the markets more contestable; (d) procedural efficiencies, self-executing terms and early correction of market distortions; (e) whether the Settlement Applicant, has previously been found to have contravened any provision of the Act or any investigation or inquiry is pending against the Settlement Applicant in respect of any alleged violation of the provisions of the Act or whether the Settlement Applicant has previously made any settlement or commitment application(s); (f) whether the Settlement Applicant has already modified its conduct and policies which have been found to be in prima facie violation of the Act by the Commission or steps taken by the Settlement Applicant to minimize future violations or lapses; (g) any other factor as may be deemed appropriate by the Commission in the facts and circumstances of the case.
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