date:Jun 11, 2014
The Australian Competition and Consumer Commission (ACCC) and the Ministry of Commerce of the Peoples Republic of China (MOFCOM) have signed a memorandum of understanding to increase co-operation on mergers that affect both the Australian and Chinese markets.
ACCC Chairman Rod Sims said the agreement paves the way for increased communication and co-operation between the agencies.
The scope of the agreement allows the agencies to exchange information on the definition of markets and theory of h