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US: FTC signs new ICN framework

 |  May 5, 2019

On May 1, the Federal Trade Commission registered for the International Competition Network’s Framework for Competition Agency Procedures (CAP), making it a founding member of the ICN’s most recent initiative to promote fair and informed competition enforcement procedures around the world.

The CAP is a non-binding, voluntary framework aimed at encouraging implementation of basic procedural principles, including through agency-to-agency cooperation provisions that encourage agencies to discuss their processes and procedural issues. The CAP also allows Framework participants to review the progress of the CAP regularly.

The CAP is the ICN’s third opt-in implementation framework for competition agencies, following earlier ones on merger and cartel enforcement cooperation. The framework model provides participating agencies with an opportunity for targeted cooperation and implementation of ICN principles.

Full Content: Reuters

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