Regulation 12 - Power to use information - CCI (Settlement) Regulations, 2024

12. Power to use information. - (1) Where the Commission has revoked and withdrawn its settlement order in terms of section 48C of the Act read with regulation 11 , the Commission and the Director General may rely upon the information and document submitted by the Settlement Applicant in the proceedings under the Act. (2) Where a Settlement Application is rejected or withdrawn, the Commission and the Director General may use the information gathered from sources other than Settlement Applicant in the proceedings under the Act. (3) The Commission may, subject to the provisions of regulation 35 of the Competition Commission of India (General) Regulations, 2009 read with section 57 of the Act, use the information submitted by the Settlement Applicant against other parties to the inquiry who are not part of the settlement proceedings. (4) The facts established against the Settlement Applicant or admitted in any ongoing or concluded proceedings in India or outside India, with respect to the same cause of action, under any law, shall be deemed to be admitted by the Settlement Applicant in respect of the proceedings proposed to be closed under these regulations.