Press Release: European Union and Switzerland sign Cooperation Agreement in Competition Matters

The European Union and the Swiss Confederation have signed an agreement that will strengthen co-operation between their respective competition authorities, the European Commission and the Swiss Competition Commission. This is the fifth such agreement signed by the EU after agreements concluded with the United States, Canada, Japan and Korea.

An innovative feature of the agreement with Switzerland is that it will enable the two competition agencies to exchange information they have obtained in their investigations. The signature took place subject to ratification: the agreement will enter into force once it has been approved by the European Parliament and the Swiss Parliament.