News / Antitrust enforcement bolstered by new collaboration between FMC and DoJ

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Following last week’s announcement that the US Department of Justice (DoJ) and Federal Maritime Commission (FMC) will collaborate more closely, the two agencies have signed a memorandum of understanding (MoU) to develop co-operation and communication.

FMC chairman Daniel Maffei and acting assistant attorney general Richard Powers signed the first MoU between the two agencies today.

The developing collaboration follows an executive order issued on Friday by President Biden aimed at increasing competition in a number of industries, including ocean and rail freight.

The MoU will provide ...