<h1>Global Competition Authorities Discuss Transparency and Cooperation at 3rd BRICS Conference; Focus on Consumer Welfare and Innovation.</h1> During the 3rd BRICS International Competition Conference, competition authorities from the European Union, USA, Australia, France, and Canada shared their experiences with BRICS nations. Key discussions included enhancing cooperation between EU and BRICS countries, with a focus on transparency and non-discrimination. The US Federal Trade Commission emphasized that market competition fosters consumer welfare and innovation, advocating for pro-competitive government policies. Representatives from Australia, France, and the US Department of Justice also contributed insights from their respective countries, highlighting the importance of international collaboration in competition law and policy development.