Tuesday, July 19, 2011
Posted by D. Daniel Sokol
Hugh Holman (FTC) and Bill Kovacic discuss The International Competition Network: Its Past, Current and Future Role.
ABSTRACT: In this Article we consider what comes next for the ICN. Where can it make the greatest contribution to the development of sensible international competition policy standards? Can the ICN be effective if it continues to exist in its current form as a purely virtual network, or will the institution acquire more of the attributes—for example, a formal, stand-alone secretariat—that one associates with older, intergovernmental organizations such as OECD and UNCTAD? How can the ICN best serve a large, diverse membership that features extensive variation with respect to national circumstances and experience with competition law? Could the ICN perhaps serve as the platform for the development of regional or multinational agreements? How should the ICN interact with the OECD, UNCTAD, and other multinational bodies involved in competition policy? And, perhaps most ambitiously, can the ICN facilitate progress toward the establishment of a mechanism for the application of international competition law, including dispute resolution? Our examination of the ICN’s experience and our attempts to answer these questions may assist other international networks of public bodies in deciding how to carry out programs in other fields of policy.