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Cabinet approves Memorandum on Cooperation (MoC) between Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC)

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....abinet approves Memorandum on Cooperation (MoC) between Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) <br>News and Press Release<br>Dated:- 9-7-2021<br><BR>The Union Cab....

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....inet, chaired by Prime Minister Shri Narendra Modi, has approved the Memorandum on Cooperation (MoC) between Competition Commission of India (CCI) and Japan Fair Trade Commission (JFTC) to promote and....

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.... strengthen cooperation in the matter of Competition Law and Policy. Impact: The approved MoC, through exchange of information, will enable CCI to emulate and learn from the experiences and lessons ....

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....of its counterpart competition agency in Japan which would enhance efficiency. The same will help improve enforcement of the Competition Act, 2002 by CCI. The resultant outcomes will benefit consumers....

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.... at large and will promote equity and inclusiveness. Details: It will envisage to promote and strengthen cooperation in the matter of Competition Law and policy through exchange of information as we....

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....ll as through various capacity building initiatives in the areas of technical cooperation, experience sharing and enforcement cooperation Background: Section 18 of the Competition Act, 2002 permits ....

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....CCI to enter into any memorandum or arrangement with any agency of any foreign country for the purpose of discharging its duties or performing its functions under the Act.<BR> News - Press release - P....

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....IB....