The FAS of Russia and the Competition Authority of China signed a memorandum of understanding for 2024-2025. This is stated in the message of the Russian service.
Key areas of cooperation: exchange of information on the state of competition in key markets; interaction in identifying monopolistic activities and reviewing transactions of economic concentration; information exchange in the field of regulation of advertising activities; regulation of fair competition in digital markets; interaction in law enforcement against economic entities of third countries.
The implementation of the memorandum will contribute to the development of cooperation between the two countries in the field of competition policy and trade and economic progress of Russia and China, the message emphasizes.
