Murine double minute-2 (MDM2) was first described as a p53-associated protein and potential oncogene in the early 1990s. Its paralogue MDMX was subsequently identified in a screen for p53-binding proteins. Extensive evidence now confirms both proteins to be oncogenic in both mice and humans, largely through their ability to negatively regulate the tumour-suppressor activities of p53. It is now clear that the two proteins form heterodimers, and act in concert to regulate p53 activity in proliferating and stressed cells. In this chapter I firstly review the several mechanisms whereby MDM2 and MDMX are potentially able to regulate p53 function independently of each other. I then examine how heterodimerisation between the two molecules influenc...