ARTICLE · 07 SEPTEMBER 2020
FTC & DOJ Sign Multilateral Mutual Assistance And Cooperation Agreement For Competition Authorities
On September 2, 2020, the Federal Trade Commission (FTC) and Department of Justice (DOJ) signed a competition enforcement framework with antitrust agencies in the Australia, Canada, New Zealand, and the United Kingdom.
United StatesAntitrust/Competition Law
On September 2, 2020, the Federal Trade Commission (FTC) and
Department of Justice (DOJ) signed a competition enforcement
framework with antitrust agencies in the Australia, Canada, New
Zealand, and the United Kingdom. The Multilateral Mutual Assistance
and Cooperation Agreement for Competition Authorities aims to
strengthen cooperation among the signatories and provides a
template that agencies can use to establish bilateral or
multilateral agreements.
These agencies have shared evidence in prior antitrust
investigations, particularly in the cartel space. Existing treaties
and mutual legal assistance agreements that cover a broad range of
criminal matters have enabled competition authorities to share
documents and tape recordings on price fixing and market division
cases.
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Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
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