A PYMNTS Company

E.U.: Commission signs EU cooperation agreement with China

By  |  September 21, 2012

The EU and China have signed today in Brussels a Memorandum of Understanding to increase cooperation between the European Commission’s competition department and China’s antitrust authorities. The Memorandum of Understanding creates a dedicated framework to strengthen cooperation and coordination between the Commission and two of China’s Anti Monopoly Enforcement Authorities, the National Development and Reform Commission (NDRC) and the State Administration of Industry and Commerce (SAIC). The Memorandum covers legislation, enforcement and technical cooperation regarding cartels, other restrictive agreements and the abuse of dominant market positions.

Full Content: EC

Related Content: MoU Australia/China

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