• Antitrust Cooperation Agreement Would Permit EU and Swiss Competition Authorities to Share Evidence and Confidential Documents Without the Consent of the Investigated Party
  • May 22, 2013 | Authors: Tobias Caspary; Bernard (Barry) A. Nigro; Till Vere-Hodge
  • Law Firms: Fried, Frank, Harris, Shriver & Jacobson (London) LLP - London Office ; Fried, Frank, Harris, Shriver & Jacobson (London) LLP - New York Office ; Fried, Frank, Harris, Shriver & Jacobson (London) LLP - London Office
  • On 17 May 2013, the European Union (EU) and Switzerland signed the first “second generation” antitrust cooperation agreement (the Agreement). Going forward, companies that are involved in or may face competition investigations will need to be mindful when engaging with the local competition authorities that their confidential information may be shared between the two jurisdictions’ antitrust agencies without the consent of the company.