AGCM

The Italian Competition Authority (“ICA”) signed a Memorandum of Understanding with the Public Prosecutor's Offices of Rome and Milan to increase the effectiveness of the activities aimed at preventing and combating corruption in the Public Administration, promoting the proper functioning of the market and repressing crimes against the Public Administration, including by means of timely access to information acquired through administrative channels.

The Memorandum, including eight articles sets up an operational framework for the exchange of information pertaining to investigations, criminal and administrative proceedings within the respective areas of responsibility of the ICA and the Public Prosecutor's Offices of Rome and Milan, in the context of the well-established and full collaboration already in place between them. The ICA will promptly transmit to the Public Prosecutors whatever information and documentation they request for their investigations and, as part of its enforcement activity, whenever criminal conduct occurs.

The Memorandum of Understanding has a five year duration, may be renewed and its implementation status will be monitored on an annual basis.

The Chairman of the Italian Competition Authority, Giovanni Pitruzzella, signed the Memorandum of Understanding with Rome’s Public Prosecutor Giuseppe Pignatone on 10 January 2018 and with Milan’s Public Prosecutor Francesco Greco on 11 January 2018.

Rome, 13 January 2018