The ICN exists as a \"virtual\" network through which agency heads commission and guide the efforts of working groups focused on specific competition law issues. The working groups themselves are directed by government personnel, who receive input from a broad range of sources, including international organizations, academics, industry groups and leaders, and private practitioners. The working groups' recommendations will be considered by the ICN members, but implemented, if at all, through separate governmental initiatives. The ICN itself will not be a forum for reaching binding international agreements.
New ICN projects include a Capacity Building and Competition Policy Implementation project that will study the needs of developing countries and the technical assistance that developed nations might provide, and a new round of Recommended Practices for Merger Notification Procedures.
Our ongoing study of merger remedies has also been productive, and we are continuing to revise a promising draft of our Remedies Manual, which relies on sound legal and economic principles to provide Division staff attorneys and economists a framework for fashioning and implementing appropriate relief in merger cases. 153554b96e