China And The United States Signed Memorandum On Cooperation In Anti Trust And Anti Trust Activities

2011/8/1 16:20:00 57

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In July 27th, China's three anti-monopoly law enforcement agencies, the national development and Reform Commission, to strengthen cooperation between China and the United States in the field of anti-monopoly,

Ministry of Commerce

And the State Administration for Industry and Commerce jointly signed the memorandum of understanding on Sino US antitrust and antitrust cooperation with the Department of justice of the United States antitrust enforcement agency and the Federal Trade Commission in Beijing.

Memorandum in China

Antitrust

A long-term framework for cooperation between law enforcement agencies and the United States antitrust agencies has been established to promote more effective enforcement of competition laws and policies.

According to the memorandum, China and the United States will strengthen cooperation in anti trust and anti trust enforcement agencies in the following aspects: first, inform each other of their competitive policies and important developments in anti-monopoly law; two, enhance the capability building of both sides through competition policies and legal activities; three, exchange experience in Anti-monopoly law enforcement according to actual needs; four, make comments on the revision of anti-monopoly laws and related supporting legislative documents; five, exchange views on multilateral competition laws and policies; six, increase

enterprise

Experience in competition policy and legal awareness of other government agencies and the public.

Based on the results of the existing cooperation between China and the United States, the memorandum of understanding established a cooperation mechanism, enriched the content of cooperation, innovated the way of cooperation, and further deepened the cooperation between China and the United States in the field of anti-monopoly.