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BWB joins the international competition network for framework on Competition Advocacy Procedures

The Austrian Federal Competition Authority has joined the Framework on Competition Agency Procedures of the International Competition Network (ICN CAP) as a founding member.

The ICN CAP provides standards for Competition Authorities in the fields inter alia, confidentiality, a fair hearing, partiality, the right to be represented by a lawyer, written decisions including the obligation to state reasons and as well independent proceedings. The participating Competition Authorities commit to comply with these standard settings.

The aim of ICN CAP is to provide an overview of the worldwide different procedural frameworks in the field of Competition Law and to increase the transparency for affected businesses. Thus, these businesses should receive information about their rights and legal basis for a fair procedure.

Director General, Theodor Thanner is satisfied with the result: „ The AFCA welcome this initiative. The ICN CAP is a further milestone to promote transparency. Businesses shall receive a fast overview concerning procedural steps. Transparency is an important tool for the AFCA.”

Link to the ICN Framework on Competition Agency Procedures