FTC and Justice Department Officials Meet with Officials of Chinese Antitrust Agencies

Federal Trade Commission Chairwoman Edith Ramirez and Assistant Attorney General Bill Baer of the U.S. Department of Justice’s Antitrust Division participated in high level bilateral meetings with officials responsible for China’s three anti-monopoly agencies – National Development and Reform Commission (NDRC) Vice Minister Hu Zucai, Ministry of Commerce (MOFCOM) Assistant Minister Tong Daochi, and State Administration for Industry and Commerce (SAIC) Vice Minister Wang Jiangping.

The meetings took place beginning this morning in Washington, D.C., and allowed the participating agencies to exchange information and views on antitrust developments and priorities. In addition, the agencies discussed the role of competition enforcement and advocacy in promoting innovation. The meetings will continue this afternoon and tomorrow with separate meetings between U.S. antitrust enforcers and each of the three Chinese agencies.

This is the third joint, high-level consultation between the agencies since the Justice Department and the FTC signed an antitrust memorandum of understanding with the Chinese antitrust agencies on July 27, 2011. The MOU is designed to promote communication and cooperation between U.S. and Chinese antitrust enforcement agencies and provides for periodic high-level consultations.

The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.

IR Press

Recent Posts

Remarks by Secretary of the Treasury Janet L. Yellen at East Valley American Job Center in Mesa, Arizona

As Prepared for DeliveryI. IntroductionThank you to everyone for being here. It’s good to be…

2 days ago

Agencies Issue Guide to Assist Community Banks to Develop and Implement Third-Party Risk Management Practices

Federal bank regulatory agencies today released a guide to support community banks in managing risks…

2 days ago

MEDIA ADVISORY: Under Secretary for Terrorism and Financial Intelligence Brian Nelson to Travel to Singapore and Malaysia

WASHINGTON – From May 6th to May 9th, Under Secretary of the Treasury for Terrorism…

3 days ago

Remarks by Secretary of the Treasury Janet L. Yellen on the Economic Case for Democracy

As Prepared for DeliveryI. IntroductionGood afternoon. Thank you to the McCain Institute for the invitation…

3 days ago

Treasury Targets Sanctions Evaders Supporting Key Hizballah Financial Advisor

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

4 days ago