New Multilateral Framework on Procedures Approved by the International Competition Network

“Adopting the Framework on Competition Agency Procedures is a remarkable and historic achievement for antitrust enforcement,” said Assistant Attorney General Makan Delrahim of the Antitrust Division. “It sends a clear signal that competition agencies across the globe – despite differences in their structures and proceedings, as well as the legal systems in which they operate – are committed to procedural fairness. We are grateful that the framework approved by the ICN Steering Group, in record time, is equivalent in all respects to the principles of the MFP that was originally proposed by the Antitrust Division. By combining strong substantive principles with meaningful review mechanisms, it goes well beyond anything competition agencies have ever done before.”