Last month in New York, the USCIB Competition Committee and the International Chamber of Commerce‘s Competition Commission held meetings that highlighted the emerging role played by the International Competition Network (ICN), which links antitrust enforcement authorities from both developed and developing countries.
David Lewis, chair of South Africa’s competition tribunal and vice chair of the ICN Steering Group, spoke at the ICC meeting, which was well attended by companies and law firms from around the world and across a variety of industries. His remarks underscored the global movement towards convergence in the area of competition law and how the work of the ICN has contributed to the harmonization of competition laws across borders.
Through ICN, government institutions come together to enhance convergence and cooperation so as to promote effective and efficient antitrust enforcement worldwide. The work of ICC’s Competition Commission, as well as USCIB’s Competition Committee, regularly informs the dialogue at the ICN. In the past, ICC has offered comments on the ICN Merger Remedies Review Project as well as input regarding global harmonization efforts in antitrust enforcement generally. ICC as well as individual member companies continue to work closely with ICN and the Competition Commission is currently considering proposals to further engage in upcoming ICN activities in the months to come.
Other agenda items discussed at the USCIB and ICC meetings included the U.S. Department of Justice/Federal Trade Commission ongoing hearings on single-firm conduct, a discussion of the European Commission’s application of Article 82 of the Treaty of Rome to exclusionary abuses, and a briefing concerning China’s pending antimonopoly law.
Staff contact: Justine Badimon