A report by the OECD shows that the enforcement of leniency programs by competition law authorities can help to fight hard core cartels, which consist of agreements among competitors to fix prices, restrict output, or divide markets. Since by nature cartel conspiracy meetings might occur in a darkened room, it is difficult to collect evidence of illegal cartel activities. In order for the authorities to detect cartels and also make the ensuing investigations more effective, leniency programs grant a reduction in or exemption from sanctions in order to encourage cartel members to provide evidence regarding their c1andestinemeetings and communications. The U.S. was the first country to introduce a leniency program, to be later followed by the EU, Germany, South Korea, and Japan. These programs have become more successful in recent years because the penalties for cartel agreements have increased in some OECD countries. The evidence gathered by these authorities to date shows that the effectiveness of the program would be improved by an increase in the甘transparency and certainty of the conditions on which any exemption or reduction in fines or surcharges is to be granted. Presently, the Taiwan Fair Trade Commission is considering legislation to include a leniency program in the draft Amendment to the Fair Trade Law. Therefore, this paper attempts to discuss the merits and demerits of leniency programs among the main competition law countries. The concrete suggestions that arise out of this paper include the following: (1) The draft Amendment of the FTL should impose stronger sanctions against cartels, and the TFTC should enact a regulation on the method of setting penalties for cartel conduct. (2) A leniency program works best when the enforcement rules provide a clear standard of immunity or reduction in penalties for a conspirator to come forward. (3) To develop an effective leniency program, it is necessary for the TFTC to adjust the punishment against the cartel conduct of a trade association.