ICC/BIAC Comments on report of the US International Competition Policy Advisory Committee (ICPAC)
Prepared by the ICC Commission on Law and Practices relating to Competition jointly with the Business and Industry Advisory Committee to the OECD (BIAC)
Publication date : 05/06/2000 | Document Number : 225/554
ICC and BIAC congratulate the International Competition Policy Advisory Committee (ICPAC) on the balanced, reasonable and comprehensive approach taken in its final report to the US Attorney General and Assistant Attorney General for Antitrust (the Report).
They also commend ICPAC for its wide-ranging consultation on the issues raised and the reflection in the Report of the different views expressed.
ICC particularly appreciated having the opportunity to participate in the preparation of the section on the exchange of confidential information in the merger context.
The Report is a valuable springboard for discussions on how competition policy should evolve to face the challenges posed today by globalization, and by changes in technology and in business and governmental practices.
The debate on the issues raised must now be taken further in the international context, taking into account the different cultures and experiences of the various participants.
ICC and BIAC wish to continue to participate in this debate and offer below their views on the specific issues raised by the Report .