Competition: EU-US launch Joint Technology Competition Policy Dialogue to foster co-operation in competition policy and enforcement in technology sector

European Commission Executive Vice President Margrethe Vestager, US Federal Trade Commission Chair Lina Khan and the Assistant Attorney General for Antitrust of the US Department of Justice Jonathan Kanter have launched the EU-US Joint Technology Competition Policy Dialogue (‘TCPD') in Washington DC. The European Commission, the US Federal Trade Commission and the US Department of Justice have issued a joint statement in which they have underlined the shared democratic values and a common belief in the importance of well-functioning and competitive markets, cornerstones for the continued strengthening of the EU-US economic and trade relationship.

They have underlined the intention to collaborate to ensure and promote fair competition, on the basis of the common belief that vigorous and effective competition enforcement benefits consumers, businesses, and workers on both sides of the Atlantic. The TCPD aims at sharing insights and experience with an aim towards coordinating as much as possible on policy and enforcement. Following the launch, the TCPD will continue with high-level meetings, as well as regular discussions at technical level.

Margrethe Vestager (pictured), European Commission executive vice president in charge of competition policy, said: “The European Commission and the US competition authorities have a longstanding tradition of co-operation in competition policy and enforcement. With the launch of the EU-US Joint Technology Competition Policy Dialogue, we reinforce this co-operation with a particular attention to the fast evolving technology sector.”

A press release is available online.

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