ICN’s Framework for Competition Agency Procedures, Part 1: What does the CAP mean for the ICN today?

ICN’s Framework for Competition Agency Procedures, Part 1: What does the CAP mean for the ICN today? – By Paul O’Brien (Federal Trade Commission)1

On April 5, 2019, the ICN announced that it was creating a “Framework for Competition Agency Procedures,” referred to as the CAP.2 Announcements by the ICN outside of its regular annual conferences are rare,3 hinting at the importance of the CAP.

The CAP contains two aspects: 1) an annex of fundamental, consensus principles for sound agency procedures, and 2) dedicated implementation tools – a “cooperation process” and a “revi…

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