A PYMNTS Company

Switzerland to enter co-op with EU antitrust

 |  July 31, 2012

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Having already entered bilateral cooperation agreements with non-European nations like the United States and Japan, the European Union plans to enter an even tighter cooperative agreement with Switzerland. The so-called “second generation” agreement allows the countries to exchange subpoenaed information from companies under investigation without company approval, requires the countries to notify each other of enforcement activities that would have a bearing on the other, and allows them to coordinate their efforts to enforce overlapping antitrust actions. The agreement may, in the future, serve as a model for closer-knit agreements between enforcers.

    Full content: Kluwer Competition Law Blog

     

    Related content:  EU/U.S. Cooperation in the Area of Competition Policy

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.