Just over two years have passed since the International Association
the competition authorities (International Competition Network, ICN) implemented
so-called CAP criteria. They are intended to ensure high-quality research and avoid
a lack of impartiality in the handling of cases, but the Competition Authority fulfils the conditions and was
among their co-founders in 2019. Competition authorities in Australia, the United States
and Germany have provided the steering group with joint chairmanship from the outset but
The chairmanship is elected for a term of three years. Today, there are 73 members.
CAP criteria.
In two weeks' time, the ICN Annual Meeting will begin in Budapest.
In Hungary, a report was published recently about the CAP criteria that were discussed.
especially at the organisation's last annual meeting, in October 2020. The report quotes Gudmund Hauk
Guðmundsson, project manager and international representative at the Competition Authority, who
sat on a panel discussion about the CAP project at last year's annual meeting, along with representatives of the competition authorities in
Japan, Canada, Mexico and Kenya. They agreed that the CAP criteria had provided
It has worked well so far.
„The CAP criteria actually provide a unique overview of treatment
competition policy in Iceland. The development of the benchmarks provided an excellent opportunity to review
on how best to achieve the objectives set out by the CAP criteria
an emphasis on, in addition, gaining an overview of the obligations resting on the supervision and
interplay of various Icelandic legal provisions. Then we had the opportunity to have
a conversation with parties who were interested in the effectiveness of the procedure and wanted to know
“more about the criteria and procedures of the supervision," is quoted as saying Guðmundur in the report which can be read here.
The CAP criteria are constantly under review, but they provide a good
an opportunity to compare procedures and benchmarks among competition authorities on
all over the world. The Competition Authority's CAP criteria are available here in English..
The Competition Authority places great emphasis on the international
in cooperation. The aim of this is to strengthen the relationships between competition authorities.
with the aim of increasing the knowledge of those who work in operations
competition matters, as well as investigating and responding to competition issues
in certain markets.
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