On July 27, 2011, the National Development and Reform Commission
(NDRC), the Ministry of Commerce
(MOFCOM) and the State Administration for Industry
and Commerce (SAIC) signed Anti-trust Memorandum
of Understanding (MOU) with their US counterparts,
the U.S. Federal Trade Commission (FTC) and
Department of Justice (DOJ).
The MOU provides for high-level consultations among all five
agencies as well as separate communications between individual
agencies. The MOU also lists several specific areas for
cooperation, including:
- keeping each other informed of significant competition
policy and enforcement developments in their respective
jurisdictions;
- enhancing each agency's capabilities with appropriate
activities related to competition policy and law such as training
programs, workshops, study missions and internships;
