China And The United States Signed Memorandum On Cooperation In Anti Trust And Anti Trust Activities
To strengthen Sino US antitrust field
cooperation
In July 27th, China's three anti-monopoly law enforcement agencies, the national development and Reform Commission, the Ministry of Commerce and the State Administration for Industry and Commerce jointly signed the memorandum of understanding on Sino US antitrust and anti trust cooperation with the Department of justice of the United States antitrust enforcement agency and the Federal Trade Commission in Beijing.
The memorandum was established between China's anti-monopoly law enforcement agency and the United States antitrust agency.
Long-term
The framework of cooperation is to promote effective implementation of competition laws and policies.
according to
The memorandum of understanding, Sino US antitrust and anti trust law enforcement agencies will strengthen cooperation in the following aspects: first, inform each other of their competitive policies and important developments in anti-monopoly law; two, strengthen the capacity building of both sides through the development of competition policies and legal activities; three, exchange experiences 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; and six, exchange experiences in improving enterprises, other government agencies, and public competition policies and legal awareness.
The memorandum was established on the basis of the results of the existing cooperation between China and the United States.
cooperation
The mechanism has 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.
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