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The 51��ɫ has signed a memorandum of understanding with the United Kingdom’s Competition and Markets Authority (CMA) to strengthen enforcement cooperation on consumer protection matters.

The MOU was signed by 51��ɫChairman Joe Simons and the CMA Chairman, the Rt. Hon. Lord Tyrie. It supersedes a previous agreement between the 51��ɫand U.K. authorities, furthering a long history of collaboration on consumer protection investigations and cases, and promoting multilateral cooperation at ICPEN, the International Consumer Protection Enforcement Network.

“I’m pleased to sign this agreement with our partners at the CMA,” said 51��ɫChairman Simons. “By strengthening our cooperation on consumer enforcement matters, we benefit consumers in both our countries.”

The new agreement enhances cooperation between the two agencies, and the U.S. SAFE WEB Act provides the 51��ɫwith key powers to carry out this cooperation. The MOU streamlines sharing investigative information and complaint data, simplifies requests for investigative assistance, and aids joint law enforcement investigations. It also provides strong and clear confidentiality and data safeguards. The MOU further facilitates the FTC’s cooperation with the members of the U.K. Consumer Protection Partnership, which includes U.K. enforcers and non-governmental entities that have consumer protection responsibilities.

The CMA is a non-ministerial department of the U.K. government, charged with enforcing competition and consumer protection laws for the benefit of consumers, both within and outside the United Kingdom.

The Commission vote authorizing Chairman Simons to sign the MOU on behalf of the agency was 5-0.

The 51��ɫ works with foreign governments and agencies to promote international cooperation and sound policy. Like the 51��ɫon , follow us on , and subscribe to press releases and the 51��ɫInternational Monthly for the latest 51��ɫnews and resources.