Commerce Commission in tripartite arrangement with Australian and Canadian agencies
Published27 Oct 2000
The Commerce Commission has entered into a tripartite co-operation arrangement with the Australian Competition and Consumer Commission and the Canadian Competition Bureau.
Commission Chair John Belgrave said that as cross-border commerce is becoming easier and more widespread, competition agencies must respond accordingly.
The objective of the arrangement is to promote co-operation and co-ordination among the three agencies in relation to the application of the competition and consumer laws that they enforce. The agencies will share information as allowed by existing privacy and confidentiality laws, co-ordinate enforcement activities where appropriate and avoid any conflict in enforcement action.
"The co-operation arrangement is part of ongoing efforts to ensure that the Commerce Commission has the tools to deal effectively with increasingly globalised markets," Mr Belgrave said. The co-operation arrangement will allow us to better co-operate and co-ordinate with our counterparts in Australia and Canada and we look forward to continuing to build these relationships."
