Transactions
Jun. 19, 2015
Overseas price fixing questions linger
The U.S. Supreme Court recently declined to hear two cases which would address the extraterritorial reach of the Sherman Act. By Peter Huston
The statute that governs the overseas reach of the Sherman Act - the Foreign Trade
Antitrust Improvements Act (FTAIA) - is notoriously convoluted. Since it was passed
in 1982, it has left a tangle of confusing and sometimes conflicting case law in its
wake. A recent spate of appellate opinions has not made things any better. But those
hoping that the U.S. Supreme Court might step in to st...
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