How do competition authorities cooperate on global antitrust enforcement?

Competition authorities around the world cooperate on global antitrust enforcement by forming and participating in international agreements and organizations. The primary agreement governing international antitrust enforcement is the Antitrust Cooperation Agreement (ACA), which is part of the World Trade Organization and was created in 2001. This agreement outlines the ways in which countries can work together to investigate potential violations of antitrust laws. Countries may also participate in organizations such as the International Competition Network (ICN). This organization provides a forum for cooperation between competition authorities in different countries, allowing these bodies to develop best practices, share information and experiences, and coordinate efforts on global antitrust enforcement. The ICN also hosts a number of conferences and workshops to promote dialogue and understanding between members. Finally, competition authorities may also cooperate on a bilateral basis. For example, the United States Department of Justice and the European Commission have a bilateral framework that allows each agency to request assistance from the other in investigations. This framework ensures that both sides are able to efficiently investigate and enforce antitrust laws. In summary, competition authorities cooperate on global antitrust enforcement through formal agreements and organizations, such as the Antitrust Cooperation Agreement and the International Competition Network, as well as through bilateral frameworks. This cooperation allows authorities to better coordinate their efforts and ensure that antitrust laws are enforced worldwide.

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How do competition authorities cooperate on global antitrust enforcement?

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