At its 52nd plenary meeting, on 19 December 2019, the General Assembly, on the recommendation of the Second Committee,55 reaffirmed the fundamental role that competition and consumer protection law and policy could play for sound economic development, in accordance with national legislation, and in that regard decided to convene in 2020 the eighth United Nations Conference to Review All Aspects of the Set of Multilaterally Agreed Equitable Principles and Rules for the Control of Restrictive Business Practices, under the auspices of the United Nations Conference on Trade and Development.