Competition & Markets Authority
Joint Statement from UK Competition and Markets Authority, U.S. FTC and DOJ Antitrust Division leadership following the G7 Competition Enforcers Summit
Leadership of the Federal Trade Commission and the Antitrust Division of the Department of Justice attended meetings in London this week as part of the Competition Enforcers Summit, which took place under the 2021 G7 Digital and Technology Track in connection with the UK’s G7 presidency.
The U.S. agencies expressed their appreciation to the UK’s Competition and Markets Authority (CMA) for hosting them during this event, and for the opportunity to meet in person with the CMA to discuss cooperation between our respective jurisdictions. Following the meeting’s conclusion, the Competition and Markets Authority, the Federal Trade Commission, and the Antitrust Division of the Department of Justice issue this joint statement:
This week’s Competition Enforcers Summit underscored the similar challenges we face as enforcement agencies. Our meetings highlighted the close relationship among our agencies, underscored that we each view this relationship as a critical element of our respective enforcement programs, and affirmed our intent to strengthening collaboration and coordination with one another.
New and evolving challenges require us to innovate in how we accomplish our missions. And in today’s global economy, our agencies often review the same mergers or confront similar potentially anticompetitive conduct. Given the many parallel investigations, we are committed to working closely together to promote fully informed decision-making and to facilitate best practices on pursuing effective remedies. We also welcome working with other agencies both individually and collectively.
We share common goals and are dedicated to close and regular engagement both on the agency head and staff level, as priorities and resources allow. Deeper recognition of our common cause of tackling anticompetitive conduct and mergers opens up possibilities for us to implement robust cross-border enforcement regimes and achieve success in ways that would elude individual agencies working alone.
Notes to editors
- For media queries, please contact the press office via email@example.com or on 020 3738 6460.
Latest News from
Competition & Markets Authority
CMA disqualifies pharma director11/01/2022 13:25:00
The CMA has secured the disqualification of a pharmaceutical company director, in connection with his involvement in illegal anti-competitive practices.
CMA Chief Executive confirms plan to step down in July 202206/01/2022 15:10:00
CMA Chief Executive Andrea Coscelli has confirmed he will step down from the role at the end of his current term in July 2022.
CMA action frees leaseholders from costly contract terms23/12/2021 09:15:00
Following CMA action, leaseholders with Taylor Wimpey will no longer be subjected to ground rents that double every 10 years.
CMA provisionally finds lighting firm illegally banned discounts17/12/2021 12:20:00
The CMA has provisionally found that Dar Lighting Limited has broken competition law by preventing retailers from offering discounts online.
Apple and Google duopoly limits competition and choice14/12/2021 12:15:00
The CMA’s interim report into mobile ecosystems suggests that users are losing out because of Apple and Google’s duopoly.
Dye & Durham’s purchase of TM Group could reduce competition09/12/2021 12:20:00
The CMA has found that Dye & Durham’s purchase of TM Group raises competition concerns and may now be referred for an in-depth investigation.
CMA finds Veolia / Suez merger raises competition concerns07/12/2021 12:20:00
The CMA has found that the merger of Veolia and Suez could lead to a loss of competition in the supply of several waste and water management services in the UK.
CMA secures changes from major PCR testing provider03/12/2021 13:20:00
UK PCR testing provider Randox has improved its terms on cancellations, refunds and liability, following discussions with the CMA.