The International Competition Network is an informal, virtual network that seeks to facilitate cooperation between competition law authorities globally. It was established in 2001 after the publication of a Final Report of the International Competition Policy Advisory Committee to the US Attorney General and Assistant Attorney General for Antitrust (or the ICPAC report, for short). Competition law experts in the US recommended that increased collaboration with overseas authorities could contribute to the coordination of enforcement and sharing of information on competition policy globally.
Its first annual conference was held in Naples, Italy in September 2002, with representatives from 59 countries and NGOs. The second conference was in June 2003 in Merida, Mexico. Working groups review different policy areas, such as mergers, or competition advocacy.
Famous quotes containing the words competition and/or network:
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
—Mario Puzo (b. 1920)
“How have I been able to live so long outside Nature without identifying myself with it? Everything lives, moves, everything corresponds; the magnetic rays, emanating either from myself or from others, cross the limitless chain of created things unimpeded; it is a transparent network that covers the world, and its slender threads communicate themselves by degrees to the planets and stars. Captive now upon earth, I commune with the chorus of the stars who share in my joys and sorrows.”
—Gérard De Nerval (1808–1855)