DOJ, FTC To Sign Pact With Chinese Antitrust Watchdogs

Law360, Washington (June 24, 2011, 1:25 PM EDT) -- The U.S. Department of Justice and Federal Trade Commission are scheduled to sign their first-ever memorandum of understanding with all three of China's antitrust enforcers in July, a top DOJ official said Friday in Washington.

In a speech to the U.S. Chamber of Commerce, Christine Varney, head of the DOJ's Antitrust Division, said the memorandum would provide for much greater cooperation between antitrust watchdogs in both countries, and would be signed July 27.

“We're delighted that we've achieved this,” she said. “These are stepping stones to...
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