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New Measures Would Cut Red Tape And Improve Competition Law Enforcement

08.06.2005

Bonn, Germany, June 8, 2005 – The International Competition Network (ICN) wrapped up
its fourth annual conference today, in Bonn, Germany, with solid proposals to cut red tape in
multi-jurisdictional merger review and improve competition law enforcement and advocacy in
the global economy.
This year's conference, held from June 6-8th, attracted more than 400 competition experts.
Officials from more than 80 competition agencies were joined by international organizations
and non-governmental advisors, including representatives of the legal, business, economic,
consumer and academic communities.
The ICN was formed in 2001 as a project-oriented and consensus based organization. Its
membership includes nearly all the world's competition agencies. Non-governmental advisors
with expertise and interest in competition matters work with ICN members to produce
Recommended Practice proposals and substantive reports to promote convergence among the
laws, processes and policies of different authorities. The Recommended Practices are nonbinding but, once adopted by the ICN, they form a baseline for sound antitrust enforcement
throughout the world.
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