May 19, 2015 — OTTAWA, ON — Competition Bureau
Fulfilling the Competition Bureau’s law enforcement mandate under the Competition Act requires close collaboration with competition authorities around the world. As a result, the Bureau has signed cooperation instruments with a number of law enforcement agencies to promote international cooperation in the areas of competition policy and law.
The Bureau has negotiated cooperation instruments, which include memoranda of understanding (MOUs), with 12 jurisdictions, including Australia and New Zealand, Brazil, Chile, the European Union, India, Japan, the Republic of Korea, Mexico, Taiwan ROC, the United Kingdom and the United States.
Most recently, the Bureau has signed MOUs with China's State Administration for Industry and Commerce and the Ministry of Commerce of the People’s Republic of China. These MOUs will help to further develop communication with Chinese agencies that will facilitate technical and enforcement cooperation.
MOUs signal the importance of cooperation when dealing with cross‑border matters of shared interest. These agreements also help the Bureau by strengthening its enforcement activities and by advancing the interests of Canadian exporters and investors in markets abroad.
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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.