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International: ICN creates new framework for fair and effective competition law enforcement

 |  May 1, 2019

The Competition Bureau registered as a founding member of the International Competition Network’s (ICN) Framework on Competition Agency Procedures.

This new Framework will improve the confidence and prosperity of Canadians operating businesses domestically and abroad by fostering fair, consistent and effective procedures in competition law enforcement around the world.

The Framework also enhances cooperation between members by encouraging them to communicate with each other and be transparent about the rules governing their investigation and enforcement procedures. The Framework is open to all competition authorities willing to respect its core principles, including transparency and the protection of confidential information. These principles are based on the extensive work of the ICN and the Organisation for Economic Co-operation and Development in support of procedural fairness.

Competition authorities interested in pioneering this new model of international collaboration have until May 17 to register and become founding members of the Framework. Standard memberships will remain accessible to all competition authorities following this date.