ICC Deputy Director – Competition and lead of the ICC Commission on Competition Caroline Inthavisay said: “The ICN’s unique collaborative convergence-enhancing framework and public-private partnership with its Non-Governmental Advisors promote sound competition enforcement and policies that benefit consumers, competition agencies, and markets worldwide.”
Ms Inthavisay added: “On behalf of over 45 million companies worldwide, ICC has supported and worked with ICN’s success over the past two decades. For example, in 2019 ICC endorsed the ICN Framework for Competition Agency Procedures.”
ICC has welcomed the recent approval of an International Competition Network (ICN) Framework for Competition Agency Procedures (CAP), as an encouraging step towards more sound and fair competition enforcement across the globe.
Ms Inthavisay said: “We look forward to exploring further opportunities to support the success and implementation of ICN best practices and other work products.”
Over the past decade the ICC Commission on Competition, comprising leading antitrust experts from business and private practice in over 100 jurisdictions, has gained recognition as the voice of international business at the ICN. The Commission has hosted a series of high-level forums on the margins of the ICN Annual Conferences to enable an open and constructive dialogue between global business and antitrust authorities on key international antitrust issues. Most recently, the Commission published the ICC Compendium of Antitrust Damages Actions raising awareness of the proliferation – and worrying fragmentation – of private antitrust enforcement regimes.