Memorandum of Cooperation between Japan Fair Trade Commission and the Competition Commission of India

12 July 2021 Current Affairs:The Cabinet has approved the Memorandum of Cooperation between the Japan Fair Trade Commission and the Competition Commission of India.

Highlights:
♦ The MoC is expected to promote and strengthen cooperation between the two countries in the areas of competition law and policy.
♦ This will enable CCI to imitate and learn from the experience and lessons of Japan’s corresponding competition agencies, thereby improving efficiency.
♦ It is also expected to assist CCI’s enforcement of the Competition Act, 2002.
 

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