<h1>India and Japan Enhance Competition Law Cooperation through CCI and JFTC Agreement u/s 18 of Competition Act.</h1> The Union Cabinet, led by the Prime Minister, has approved a Memorandum on Cooperation between the Competition Commission of India (CCI) and the Japan Fair Trade Commission (JFTC). This agreement aims to enhance cooperation in Competition Law and Policy through information exchange and capacity-building initiatives. The collaboration is expected to improve the enforcement of the Competition Act, 2002, by allowing CCI to learn from the JFTC's experiences, ultimately benefiting consumers and promoting equity. This move is in accordance with Section 18 of the Competition Act, which allows CCI to engage with foreign agencies.