BRICS Working Groups for the Research of Competition Issues in Socially Important markets
Cooperation between the BRICS Competition Authorities is carried out both in a bilateral format and in the framework of the BRICS Working Groups for the research of competition issues in socially important markets.
The idea of creating BRICS Working groups is reflected in Article 4.1. Memorandum of Understanding in the field of cooperation in the field of competition law and policy of the BRICS countries.
Currently, there are working groups the research of competition issues in 4 markets:
- pharmaceutical
- food
- automobile
- digital
The activity of each Working Group is a separate project, within the framework of the implementation of which specific goals are set, the stages of their achievement are determined.
The meetings of the Working Groups are held regularly, the most topical issues and problems faced by antitrust regulators are put on the agenda.
The meetings of the Working Groups attract representatives of the international competition community. Thus, in the meetings not only experts from the BRICS countries, but also representatives of other integration associations, foreign competition authorities and international organizations, eminent scientists, leading lawyers and economists traditionally participate.