135The applicant considers that the 50% reduction granted to it by the Commission under the Leniency Notice is insufficient. It observes that the new Commission notice on immunity from fines and reduction of fines in cartel cases (OJ 2002 C 45, p. 3. hereinafter ‘the new Leniency Notice’) differs from the Leniency Notice in that the latter requires an undertaking to produce ‘decisive’ evidence and does not grant complete immunity for undertakings which acted as instigators or played a determining role in the illegal activity. The applicant states that, although the contested decision gives the impression that the cartel was the result of a joint initiative, the Commission now recognises that it never claimed that the applicant had been an instigator of or had played a determining role in the cartel. Moreover, the applicant claims to have sent the Commission information enabling it to ascertain that the other participants had decided, after the investigations, to set up the EMZP. The applicant points out that, in Commission Decision 1999/60/EC of 21 October 1998 relating to a proceeding under Article 85 of the EC Treaty (Case No IV/35.691/E-4: - Pre-Insulated Pipe Cartel) (OJ 1999 L 24, p. 1), Løgstør, one of the undertakings that had been granted a reduction, had informed the Commission that the members of the cartel had decided to continue its operation after the investigations. The applicant adds that it gave oral explanations and lists of meetings to the Commission. Finally, the applicant denies having indicated that the investigation carried out at the premises of the cartel members had not provided sufficient grounds for initiating the procedure.