Antitrust Mutual Assistance Agreement Law and Legal Definition
According to 15 USCS § 6211 (2), [Title 15. Commerce and Trade; Chapter 88. International Antitrust Enforcement Assistance] the term antitrust mutual assistance agreement means “a written agreement, or written memorandum of understanding, that is entered into by the United States and a foreign state or regional economic integration organization (with respect to the foreign antitrust authorities of such foreign state or such organization, and such other governmental entities of such foreign state or such organization as the Attorney General and the Commission jointly determine may be necessary in order to provide the assistance described in subparagraph (A)), or jointly by the Attorney General and the Commission and a foreign antitrust authority, for the purpose of conducting investigations under section 3 [15 USCS § 6202], applying for orders under section 4 [15 USCS § 6203], or providing antitrust evidence, on a reciprocal basis and that includes the following:
(A) An assurance that the foreign antitrust authority will provide to the Attorney General and the Commission assistance that is comparable in scope to the assistance the Attorney General and the Commission provide under such agreement or such memorandum.
(B) An assurance that the foreign antitrust authority is subject to laws and procedures that are adequate to maintain securely the confidentiality of antitrust evidence that may be received under section 2, 3, or 4 [15 USCS §§ 6201, 6202, or 6203] and will give protection to antitrust evidence received under such section that is not less than the protection provided under the laws of the United States to such antitrust evidence.
(C) Citations to and brief descriptions of the laws of the United States, and the laws of the foreign state or regional economic integration organization represented by the foreign antitrust authority, that protect the confidentiality of antitrust evidence that may be provided under such agreement or such memorandum. Such citations and such descriptions shall include the enforcement mechanisms and penalties applicable under such laws and, with respect to a regional economic integration organization, the applicability of such laws, enforcement mechanisms, and penalties to the foreign states composing such organization.
(D) Citations to the Federal antitrust laws, and the foreign antitrust laws, with respect to which such agreement or such memorandum applies.
(E) Terms and conditions that specifically require using, disclosing, or permitting the use or disclosure of, antitrust evidence received under such agreement or such memorandum only--
(i) for the purpose of administering or enforcing the foreign antitrust laws involved, or
(ii) with respect to a specified disclosure or use requested by a foreign antitrust authority and essential to a significant law enforcement objective, in accordance with the prior written consent that the Attorney General or the Commission, as the case may be, gives after--
(I) determining that such antitrust evidence is not otherwise readily available with respect to such objective,
(II) making the determinations described in paragraphs (2) and (3) of section 8(a) [15 USCS § 6207(a)(2) and (3)], with respect to such disclosure or use, and
(III) making the determinations applicable to a foreign antitrust authority under section 8(a)(1) [15 USCS § 6207(a)(1)] (other than the determination regarding the assurance described in subparagraph (A) of this paragraph), with respect to each additional governmental entity, if any, to be provided such antitrust evidence in the course of such disclosure or use, after having received adequate written assurances applicable to each such governmental entity.
(F) An assurance that antitrust evidence received under section 2, 3, or 4 [15 USCS §§ 6201, 6202, or 6203] from the Attorney General or the Commission, and all copies of such evidence, in the possession or control of the foreign antitrust authority will be returned to the Attorney General or the Commission, respectively, at the conclusion of the foreign investigation or proceeding with respect to which such evidence was so received.
(G) Terms and conditions that specifically provide that such agreement or such memorandum will be terminated if--
(i) the confidentiality required under such agreement or such memorandum is violated with respect to antitrust evidence, and
(ii) adequate action is not taken both to minimize any harm resulting from the violation and to ensure that the confidentiality required under such agreement or such memorandum is not violated again.
(H) Terms and conditions that specifically provide that if the confidentiality required under such agreement or such memorandum is violated with respect to antitrust evidence, notice of the violation will be given--
(i) by the foreign antitrust authority promptly to the Attorney General or the Commission with respect to antitrust evidence provided by the Attorney General or the Commission, respectively, and
(ii) by the Attorney General or the Commission to the person (if any) that provided such evidence to the Attorney General or the Commission.”
Legal Definition list
Related Legal Terms
- Acceptance of Service Agreement
- Account Agreement
- Accounting Agreement
- Acquisition and Cross-Servicing Agreement
- Acquisition Assistance [Transportation]
- Acreage-Contribution Agreement
- Adoption Assistance and Child Welfare Act of 1980
- Advance Pricing Agreement
- Advertising Agency Agreement
- Advisory and Assistance Services
