Transparence and consistency Sample Clauses

Transparence and consistency. In selecting, forming and implementing remedies, transparency and consistency is basic principles to ensure justice and legality of assessment process. Meanwhile, those principles are also important in utilizing remedies‘ effectiveness. According to recommendation of remedy from ICN, ―merger supervising mechanism should build a transparent frame for proposing, discussing and approving for remedy‖. Transparence is understood that principles and critical elements of remedy for each certain economic concentration should be understandable with the parties of economic concentration, even to their competitors and customers. Transparency does not mean revealing confidential information. Consistency in remedy implementation plays an important role in building a trustworthy base for considering and decision making of enterprises. However, as the nature of each economic concentration is various case by case, it‘s difficult to maintain the consistency. For multinational economic concentration, the role of consistency is more important. Competition agencies should coordinate each other to avoid disagreement and difference in remedies which must be implemented by the parties of economic concentration.
Sample 1
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