"The progressive integration of the world economy makes it imperative that competition authorities the world over come together to make global markets a genuine level playing field. There is a sense in which extending and enriching our co-operation – both bilaterally and within the ICN – is part of the responsibility that each one of us has to all the others. The decisions of competition authorities have important economic, social and political implications. They improve doing-business conditions and protect consumer welfare – that is, the interests of the people. Let us be aware of these implications as we go about our work and strive to make it more effective."