On September 23, 2016, Acting Assistant Attorney General Renata Hesse spoke at the Fordham Competition Law Institute’s Conference on International Antitrust Law and Policy in New York.  Hesse addressed the transition from “one-off exchanges of information to ongoing, mutually enriching relationships” in the context of cooperation between the United States and other international antitrust authorities, and discussed the benefits that have resulted from greater cooperation.  Hesse said that cooperation benefits not only enforcement agencies by sharing “one another’s expertise and understanding of the markets involved,” but also business and consumers because cooperation yields “more consistency across jurisdictions, speedier resolutions and less duplicative efforts.”  Hesse also noted that cooperation avoids the prospect of “conflicting theories of harm or . . . inconsistent remedies” across multiple jurisdictions, allowing parties to “actually comply with a remedy that may be imposed by multiple jurisdictions.  Hesse then described the form of international antitrust cooperation, highlighting cooperation agreements or memoranda of understanding entered into by the Obama Administration with Chile, China, Colombia, India, Korea, and Peru; frequent bilateral meetings with foreign antitrust authorities, including Canada, China, the European Commission, Korea, Mexico and Japan; and active engagement with multilateral organizations like the Organisation for Economic Cooperation and Development and the International Competition Network.  Looking ahead, Hesse anticipated “deeper, more frequent, and more extensive case cooperation” between international antitrust authorities.  In conclusion, he emphasized that  cooperation “drives substantive and procedural convergence across jurisdictions,” and said that “[b]y working more efficiently, we work more effectively, easing the burdens on the companies and individuals who appear before us and ultimately benefiting the competitive process and the general public whom we serve.”