Thursday, January 27, 2005

  U.S., Mexican Consumer Agencies To Join Efforts

The United States Federal Trade Commission (FTC) announced today that it has signed a "memo of understanding" with its sister agency in Mexico to "facilitate greater law enforcement coordination in consumer protection matters affecting both nations."

The agreement with Mexico's Procuraduría Federal del Consumidor (Profeco) is not legally binding and does not alter either country's laws. Instead, the two agencies agreed to exchange information, coordinate law enforcement activities and notify each other of mutual issues.

The FTC has similar agreements with Australia, Canada, Ireland, and the United Kingdom.


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