The steering committee is the ICN’s apex body. The ICN, comprising 140 competition agencies, typically provides antitrust authorities with a specialised, yet informal, venue for maintaining regular contacts and addressing practical competition concerns.
The ICN is the only global body devoted exclusively to competition law enforcement and its members represent national and multinational competition authorities. Members produce work through their involvement in flexible project-oriented and results-based working groups, according to its website.
Last month, India hosted the bi-annual conference of the competition regulators of the BRICS grouping after a decade to deliberate on new dimensions of antitrust regulations, among others.
The BRICS competition authorities discussed existing and emerging anti-trust issues, including regulations for digital players and the leniency regime.
