MEMORANDUM OF COOPERATION BETWEEN COMPETITION COMMISSION OF INDIA AND JAPAN FAIR TRADE COMMISSION (India)

Author: Rashmi Grover

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Publisher: Nagashima Ohno & Tsunematsu

Journal / Book: NO&T Asia Legal Review No.38 (August, 2021)

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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

Introduction
To further strengthen and benefit from international cooperation in an era where cross-border transactions are the norm and cartels are becoming more global, competition regulators all over the world enter into cooperation agreements. On 6 August 2021, the Competition Commission of India (“CCI”) concluded a Memorandum of Cooperation (“MOC”) with the Japan Fair Trade Commission (“JFTC”) to further enhance collaboration and cooperation between the two regulators to effectively enforce competition laws in each country. A brief summary is set out below.

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