On July 27 2011 the US antitrust enforcement agencies (the Federal Trade Commission and the Department of Justice) and the Chinese anti-monopoly enforcement agencies (the National Development and Reform Commission (NDRC), the Ministry of Commerce (Mofcom) and the State Administration for Industry and Commerce (SAIC)) signed a Memorandum of Understanding (MOU) on antitrust and anti-monopoly cooperation.
Antitrust allies
A recent agreement signed between Chinese and US competition agencies aims to bring effective and consistent enforcement, which will bring greater consumer benefits and legal certainty for businesses. However, coordinated enforcement activities are not likely to occur any time soon
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