• European Commission and China Sign Memorandum of Understanding  on Antitrust Cooperation
  • October 5, 2012 | Authors: Alec Burnside; Christian J. Lorenz; Charles F. Rule
  • Law Firms: Cadwalader, Wickersham & Taft LLP - Washington Office ; Cadwalader, Wickersham & Taft LLP - Brussels Office ; Cadwalader, Wickersham & Taft LLP - Hong Kong Office ; Cadwalader, Wickersham & Taft LLP - Brussels Office ; Cadwalader, Wickersham & Taft LLP - Washington Office
  • On 20 September 2012, the European Commission Directorate-General for Competition and China’s National Development and Reform Commission (“NDRC”) and State Administration for Industry and Commerce (“SAIC”) signed a Memorandum of Understanding to increase their cooperation and coordination on antitrust matters between the EU and China. The MOU provides a framework for cooperation and coordination relating to “legislation, enforcement and technical cooperation regarding cartels, and other restrictive agreements and the abuse of dominant market positions.”