The EU-Canada 1999 Cooperation Agreement in the Field of Competition LawThe increasing globalization of trade relations in recent years entailed a growing number of practices which restrict competition on a transnational level. Although the European Union and Canada have very well developed antitrust legislations, their national enforcement is often not enough to deal with anti-competitive behavior on an international scale. Following the conclusion of EU-US cooperation agreements in competition matters – in 1991 and 1998 – a cooperation agreement has also been signed between the EU and Canada, regarding the application of their respective competition laws.
The following questions have been addressed in this article:What is the cooperation between competition authorities aimed at?
What are the traditional and the positive comity?
Which cases are notified by one authority to another?
What kind of information is exchanged and how much are undertakings’ rights protected?