How do competition authorities cooperate on global antitrust enforcement?

Competition authorities around the world cooperate on global antitrust enforcement by utilizing a variety of methods and tools. One of the most important tools used by competition authorities is international cooperation agreements. These agreements allow competition authorities to exchange information, coordinate their activities, and coordinate the application of their laws. By exchanging information, competition authorities can better identify potential anti-competitive practices and violations of their laws, allowing them to more effectively prevent and deter such violations. In addition to exchanging information, competition authorities may also join forces to investigate and prosecute anti-competitive practices that involve multiple countries. For example, in 2013 the European Commission and the U.S. Federal Trade Commission joined forces to investigate Google’s search engine practices in both the US and Europe. Furthermore, competition authorities may cooperate by harmonizing their laws and regulations to make it easier for businesses to comply with different antitrust regimes. In 2017, for example, the European Commission and the U.S. Department of Justice entered into an agreement that harmonized the criteria used to determine when an agreement between two companies is either anti-competitive or pro-competitive. This agreement was intended to reduce uncertainty and make it easier for companies to understand which agreements comply with antitrust laws and which do not. Ultimately, global antitrust enforcement requires cooperation among competition authorities across the world. By utilizing a variety of methods and tools, competition authorities can better cooperate and work together to prevent and punish anti-competitive practices. In Nebraska, the Nebraska Public Service Commission is the state agency responsible for enforcing antitrust laws.

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How do competition authorities cooperate on global antitrust enforcement?

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