Competition Bureau meets with U.S. and Mexican competition authorities
News release
Relationship with North American counterparts plays a key role in the Bureau’s international work
November 8, 2018 – OTTAWA, ON – Competition Bureau
Interim Commissioner of Competition Matthew Boswell met with his American and Mexican counterparts today in Mexico City to reinforce the value of cooperation in competition law enforcement within North America.
The agency heads discussed areas of common interest, including opportunities for inter-agency cooperation as well as enforcement and advocacy priorities like big data and the digital economy. They also addressed the importance of striking the right balance in regulation to ensure consumers and businesses are protected from anti-competitive behaviour without unnecessarily hindering competition and innovation in their markets.
The U.S. and Mexico are two of Canada’s most important economic partners. Working with their competition authorities improves the efficiency of the Bureau’s cross-border investigations and contributes to its advocacy initiatives. Collaborating with these agencies also plays a crucial role in fighting anti-competitive activities and ensuring that Canadian businesses prosper in both domestic and foreign markets.
On November 9, 2018, Interim Commissioner Boswell will meet with representatives of Mexico’s Federal Institute of Telecommunications to review the latest developments in competition law enforcement in the telecommunications and broadcasting sectors.
Quick facts
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Cooperation with international counterparts supports the effective enforcement and administration of the Competition Act. For instance, case handlers from the Bureau met with their U.S. and Mexican colleagues on October 22, 2018 to improve cooperation in merger reviews.
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The Bureau has cooperation instruments in place with 14 jurisdictions: Mexico, the U.S., Australia, Brazil, Chile, Colombia, the European Union, Hong Kong, India, Japan, New Zealand, the People’s Republic of China, the Republic of Korea and Taiwan.
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To enhance cross-border enforcement and promote sound competition policies internationally, the Bureau and its North American partners also participate in many forums, such as the International Competition Network, the Organisation for Economic Co-operation and Development’s Competition Committee and the International Consumer Protection and Enforcement Network.
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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.