{"id":5807,"date":"2021-07-12T14:14:53","date_gmt":"2021-07-12T18:14:53","guid":{"rendered":"\/?p=5807"},"modified":"2021-07-12T15:02:05","modified_gmt":"2021-07-12T19:02:05","slug":"new-fmc-and-doj-mou-supports-interagency-collaboration-on-antitrust-issues","status":"publish","type":"post","link":"\/new-fmc-and-doj-mou-supports-interagency-collaboration-on-antitrust-issues\/","title":{"rendered":"New FMC and DoJ MOU Supports Interagency Collaboration on Antitrust Issues"},"content":{"rendered":"<p><span data-contrast=\"auto\">The Federal Maritime Commission and the Department of Justice Antitrust Division\u00a0today\u00a0signed an <a href=\"https:\/\/www.justice.gov\/opa\/press-release\/file\/1411101\/download\">interagency Memorandum of Understanding (\u201cMOU\u201d)<\/a>\u00a0to\u00a0foster\u00a0increased\u00a0cooperation and communication in their\u00a0respective\u00a0oversight\u00a0and enforcement responsibilities\u00a0of\u00a0the\u00a0ocean\u00a0liner\u00a0shipping industry.\u00a0<\/span><span data-ccp-props=\"{"201341983":0,"335559739":160,"335559740":259}\">\u00a0<\/span><\/p>\n<p>FMC Chairman Daniel Maffei and\u00a0Acting Assistant Attorney General Richard Powers signed the first-ever MOU between the\u00a0two agencies\u00a0this afternoon.\u00a0 The MOU comes in succession to\u00a0the\u00a0Executive Order\u00a0addressing competition issued\u00a0Friday, July 9\u00a0by President Biden.<\/p>\n<p>The\u00a0MOU establishes a framework for the\u00a0FMC and the\u00a0Antitrust Division to continue\u00a0regular discussions and review law enforcement and regulatory matters affecting competition in the\u00a0shipping\u00a0industry.\u00a0 The MOU also provides for information and expertise\u00a0exchanges\u00a0between the agencies\u00a0that may be relevant and useful\u00a0in meeting their\u00a0oversight\u00a0and\u00a0enforcement responsibilities.\u00a0Such\u00a0exchanges would be conducted in a manner\u00a0appropriate and consistent with applicable legal and confidentiality restrictions.<\/p>\n<p>\u201cThe Federal Maritime Commission has an important enforcement role as an economic regulator\u00a0of a vital industry.\u00a0\u00a0As such, we will continually assess how the agency can improve its capacity to protect the integrity of the marketplace.\u00a0\u00a0This memorandum between the Commission and the Department of Justice supplements and strengthens the FMC\u2019s ability to detect, address, and pursue violations of the law or anticompetitive behavior by\u00a0those we regulate,\u201d\u00a0said Chairman Maffei.<\/p>\n<p>\u201cCollaboration between the Antitrust Division and the FMC is important to ensuring healthy competition in the maritime industry,\u201d said Acting Assistant Attorney General Powers. \u201cOur partnership with the FMC is one of the many ways in which the Antitrust Division is prepared to play its role in achieving the competition objectives of the President\u2019s Competition Executive Order.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Maritime Commission and the Department of Justice Antitrust Division\u00a0today\u00a0signed an interagency Memorandum of Understanding (\u201cMOU\u201d)\u00a0to\u00a0foster\u00a0increased\u00a0cooperation and communication in their\u00a0respective\u00a0oversight\u00a0and enforcement responsibilities\u00a0of\u00a0the\u00a0ocean\u00a0liner\u00a0shipping industry.\u00a0\u00a0 FMC Chairman Daniel Maffei and\u00a0Acting Assistant Attorney General Richard Powers signed the first-ever MOU between the\u00a0two agencies\u00a0this afternoon.\u00a0 The MOU comes in succession to\u00a0the\u00a0Executive Order\u00a0addressing competition... <a class=\"read-more\" href=\"\/new-fmc-and-doj-mou-supports-interagency-collaboration-on-antitrust-issues\/\">Read More »<\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/posts\/5807"}],"collection":[{"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/comments?post=5807"}],"version-history":[{"count":7,"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/posts\/5807\/revisions"}],"predecessor-version":[{"id":5814,"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/posts\/5807\/revisions\/5814"}],"wp:attachment":[{"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/media?parent=5807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/categories?post=5807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fmc.gov\/wp-json\/wp\/v2\/tags?post=5807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}