The European Commission has launched a public consultation on a settlement package regarding cartel cases. As part of the package, parties will acknowledge their involvement in cartels, admit liability and agree to a faster settlement procedure. Settlements would aim to simplify the administrative proceedings and could reduce litigation in cartel cases, thereby freeing resources to pursue more cases. The draft proposal would allow the Commission to impose a lower fine on parties who agreed to the settlement procedure. Comments on the package of documents should be made by 21 December 2007. Following these comments a revised proposal will be prepared, in consultation with Member State competition authorities, for final adoption in 2008.