EU launches new tool for whistleblowers to report antitrust violations and cartels
See the original posting on The Verge
The European Commission (the executive arm of the EU) has launched a new initiative to encourage whistleblowers to step forward. A whistleblowing hotline including an email address, phone number, and encrypted web form will allow individuals to anonymously report price-fixing cartels and other anti-competitive practices.
In a press statement, Margrethe Vestager, head of competition policy, said: “If people are concerned by business practices that they think are wrong, they can help put things right. Inside knowledge can be a powerful tool to help the Commission uncover cartels and other anti-competitive practices. With our new tool it is possible to provide information, while maintaining anonymity.
The Commission said it previously…