Describe the Antitrust Enforcement Assistance Act of 1994

What will be an ideal response?

In 1994, the U.S. Congress passed the Antitrust Enforcement Assistance Act, which gave the U.S. Department of Justice authority to negotiate "mutual assistance" agreements with foreign antitrust enforcers. Also in 1994, the Justice Department and the Federal Trade Commission (FTC) issued guidelines, based on current statutory and case law, that tell foreign and U.S. companies when either of the agencies is likely to act against alleged anticompetitive action in international trade. The following kinds of behavior may be investigated under the guidelines:
a. A merger of foreign companies that have significant sales in the United States;
b. Conduct by foreign companies that has a direct, substantial, and reasonably foreseeable effect on commerce within the United States or on U.S. companies' export business;
c. Anticompetitive schemes by importers that have a significant impact on the United States; and
d. Anticompetitive actions by foreign firms selling to the U.S. government.