Competition Bureau reinforces ties with U.S. and Mexican competition authorities
November 20, 2017 – OTTAWA, ON – Competition Bureau
Commissioner of Competition John Pecman met with his American and Mexican counterparts today in Washington, D.C., to continue strengthening North American cooperation in competition law enforcement.
The Commissioner joined Makan Delrahim, Assistant Attorney General of the U.S. Department of Justice’s Antitrust Division; Maureen Ohlhausen, Acting Chairman of the U.S. Federal Trade Commission; and Alejandra Palacios Prieto, Chair of the Mexican Federal Economic Competition Commission.
The agency heads shared best practices and discussed a number of areas of common interest, including recent cases, enforcement approaches in the digital economy, opportunities for inter-agency training and collaboration, as well as competition advocacy priorities.
Commissioner Pecman highlighted Canada’s ongoing efforts to promote innovation and competition in the digital economy, including the Competition Bureau’s recent white paper on the implications of big data for competition policy and its market study of the burgeoning FinTech sector.
The U.S. and Mexico are two of Canada’s most important economic partners. The Bureau’s international partnerships help ensure that Canadian consumers benefit from competitive prices and that Canadian businesses prosper in both domestic and foreign markets.
Cooperation with the Bureau’s international counterparts aids in the effective enforcement and administration of the Competition Act.
The Bureau has cooperation instruments in place with 15 jurisdictions: Australia, Brazil, Chile, Colombia, the European Union, Hong Kong, India, Japan, New Zealand, the People’s Republic of China, the Republic of Korea, Mexico, Taiwan, the United Kingdom and the United States.
To enhance cross-border enforcement and promote sound competition policies internationally, the Bureau and its North American partners also participate in multilateral fora, such as the International Competition Network and the Organisation for Economic Co-operation and Development’s Competition Committee.
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The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.
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