Ninth Circuit Validates a Theory of Extraterritorial Antitrust Regulation in Global Price-Fixing Case
It is not easy for the foreign victims of global price-fixing schemes to assert viable claims under U.S. antitrust law, even when the conspiracy in question also affects U.S. markets. In a recent case, though, the Ninth Circuit vacated an order of summary judgment against the foreign purchasers of price-fixed goods, concluding that they had…
Continue ReadingThrowback Thursday: Timberlane Lumber Co. v. Bank of America
Although the relevant text of the Sherman Act remained unchanged for most of the twentieth century, courts’ interpretations of its extraterritorial reach fluctuated dramatically. In 1909, the U.S. Supreme Court adopted a territorial approach in American Banana, described in a recent post, holding that the Sherman Act applied only to anticompetitive conduct in the United…
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