Merger control authorities must lead by example

Author: Lizzie Meager | Published: 5 Oct 2015

Established merger control enforcement authorities must lead by example and keep investigations relevant. That was the message this morning at the International Bar Association’s annual conference in Vienna, where competition lawyers from across the globe came together to celebrate the 10th anniversary of the International Competition Network (ICN). 

While analysing the effectiveness of the best practices it established a decade ago, they also compared merger control standards and regimes in their own respective jurisdictions.

As testament to its success, the ICN’s annual meeting is the single largest gathering of competition lawyers. But as an international organisation like any other global regulator, the control it has over implementation on the ground is limited. According to speaker William Kovacic, professor of law and policy at George Washington University Law School and ex-chairman of the US Federal Trade Commission (FTC) its main...