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Trend Toward Transnational Cooperation in Antitrust Enforcement Continues with Sino-U.S. Cooperation Agreement

In the next step toward globalization of antitrust enforcement, the U.S. Department of Justice’s Antitrust Division and the U.S. Federal Trade Commission signed a Memorandum of Understanding with China’s three antitrust agencies intended to promote enhanced cooperation and communication among the antitrust enforcement agencies of the two jurisdictions.