OREANDA-NEWS. May 07, 2014. At the 13th Annual Conference of the International Competition Network in Marrakech (Morocco), the FAS delegation took part at the meeting of representatives of competition authorities of the countries from Asian-Pacific region. Other participants included representatives of the antimonopoly bodies from India, Australia, Hong Kong, Indonesia, Taiwan, Kyrgyz Republic, etc.

Discussions focused on the prospects of cooperation of the antimonopoly authorities under the framework of the Asian Competition Network (ACN), and possible areas of ACN work.

In particular, it was pointed out that cooperation between the competition authorities of Asia-Pacific countries is becoming increasingly important. Therefore, it is necessary to develop cooperation in the areas of the most interest in terms of antimonopoly enforcement in investigations of cross-border violations.

As a result, the parties concluded that ACN efforts must specialize on the similarity of the problems that competition authorities encounter in antimonopoly regulation, and on market specifics in antimonopoly enforcement.

Brief information about Asian Competition Network:

The initiative for creating the Asian Competition Network for competition authorities in Asia was put forward by the Competition Commission of India (CCI) at a meeting of Asian countries at the 12th session of IGE UNCTAD in Geneva on 10th July 2012.

CCI suggested to employ in the work of the new Asian Competition Network the many-year experience of the International Competition Network (ICN) and similar associations in Europe, Latin America and Africa to expand cooperation between Asian antimonopoly bodies, particularly, for the purposes of approximation and harmonization of competition policy and enforcement principles in Asia, as well as comparing the processes of competition development, analysis of the antimonopoly law, studying problematic aspects and consequences of changes in the law, and exchanging experiences and the best practices.

The first meeting took a place upon a CCI initiative, on 24th April 2013 in Warsaw at the 12th Annual ICN Conference to discuss the issues of creating the Asian Competition Network.