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Feed/CNS1997/0178(CNS)Foreign Affairs

EU-US: Positive comity in competition law enforcement

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 343mo ago
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This agreement establishes a framework for the European Union and the United States to cooperate when enforcing their competition laws. It focuses on 'positive comity,' where each side agrees to refrain from taking action against the other's laws or practices if they are deemed compatible with competition goals.

This affects businesses operating in both the EU and US markets, as it aims to reduce legal conflicts and avoid double jeopardy in antitrust investigations.