Global: US, Japan and South Korea participate in bilateral meetings

Leaders of the antitrust agencies of the United States this past week participated in bilateral meetings in Tokyo, Japan, and Seoul, Korea. Deputy Assistant Attorneys General Roger Alford and Richard Powers, together with Commissioner Christine S. Wilson of the U.S. Federal Trade Commission, participated in high level meetings with Chairman Kazuyuki Sugimoto and other senior officials from the Japan Fair Trade Commission (JFTC) on April 25 and senior officials from the Korea Fair Trade Commission (KFTC) on April 26. Commissioner Wilson met separately with officials from Japan’s Ministry of Economy, Trade, and Industry regarding technology and digital platforms.

The discussions covered a wide range of topics, including recent enforcement developments, antitrust policy, digital markets, and international cooperation, including the new Framework on Competition Agency Procedures (CAP) adopted by the International Competition Network (ICN) earlier this month. The purpose of the meetings was to reinforce ties of cooperation in light of the increasing internationalization of antitrust enforcement.

“These bilateral meetings are a testament to the depth and strength of our relationships with our global partners, and our joint interest in sound antitrust said Deputy Assistant Attorney General Roger Alford. “Given the importance of our economic ties with Japan and Korea and our shared interests in consumer welfare and robust competition, we are incredibly fortunate to have such close and productive relationships with both the JFTC and the KFTC.”