How do competition authorities cooperate on global antitrust enforcement?

Competition authorities around the world are increasingly cooperating on global antitrust enforcement. This cooperation is important for maintaining fair and competitive markets. It ensures that companies do not gain an unfair advantage from engaging in anti-competitive behaviors in different countries. One way competition authorities cooperate is through international agreements, such as the International Competition Network. This network allows competition authorities to share information and work together to enforce antitrust laws. This helps them to identify and address anti-competitive practices on a global scale. Competition authorities also collaborate on investigations and proceedings. For example, the Federal Trade Commission (FTC) and the European Union (EU) have jointly investigated and prosecuted potential violations of global antitrust laws. This joint enforcement helps to ensure that companies are held accountable for their actions and helps to deter further violations. The California Department of Justice is involved in this global cooperation and works with competition authorities around the world. California has established Memorandums of Understanding with other jurisdictions, such as the EU, and continues to cooperate on global antitrust enforcement. Overall, global antitrust enforcement is important for maintaining fair and competitive markets, and competition authorities around the world continue to cooperate in order to ensure that businesses do not gain an unfair advantage.

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How do competition authorities cooperate on global antitrust enforcement?

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