United States:
DOJ And Federal Maritime Commission To Cooperate On Antitrust Enforcement
14 July 2021
Cadwalader, Wickersham & Taft LLP
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The DOJ Antitrust Division and the Federal Maritime Commission
entered into a Memorandum of Understanding
("MOU"), which sets forth the terms for agency
cooperation on antitrust enforcement in the U.S.-international
ocean liner shipping industry. The MOU is in response to President
Biden's July 9, 2021 Executive Order on Promoting Competition in the
American Economy. The MOU is effective immediately.
The MOU requires (i) at least an annual meeting between the
agencies, and (ii) the sharing of information and materials that
could be of legal, economic or technical assistance during
enforcement actions.
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