INTERNATIONAL : INTERNATIONAL COMPETITION NETWORK - INTERNATIONAL ORGANIZATIONS - RESOURCE ALLOCATION - COMPETITION AGENCIES - DOMESTIC POLICIES - INTERNATIONAL COOPERATION AND COORDINATION

One network’s effect : The rise and future of the ICN

In the first decade of its existence the International Competition Network (ICN) has advanced to frontrunner position among international organizations that address competition policy. As the ICN looks to its next decade, and governmental belt-tightening forces most competition agencies to rethink resource allocation, a key question is whether the ICN’s success is attributable to the Network’s relevance and competence, or timing and luck ? The ICN has reached the top by furthering international cooperation and coordination, influencing domestic policies, and building capacity of its members. Many of its very achievements, however, also pose the greatest risks for a free fall.

1. In the world of competition policy, the decade of the 1980s was notable for a rapid increase in the frequency of cross-border mergers and acquisitions, the 1990s for exponential growth in the number of jurisdictions with competition laws, and the first decade of 2000 for the establishment of the International Competition Network (ICN), a transgovernmental network of domestic and regional competition agencies. In the first decade of its existence, the ICN has skyrocketed to top position among the organizations that address international competition policy. This article evaluates the ICN’s journey to the top, and speculates about what the ICN might do to remain in that position. Introduction 2. In October 2001, 15 competition agencies formed the International Competition Network to

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