Extraterritorial Effects of the Sherman Act: Insights Following the Conclusion of Vitamins Cartel Case
Type de matériel :
TexteLangue : français Détails de publication : 2007.
Sujet(s) : Ressources en ligne : Abrégé : In this paper, we analyze the conditions under which non-US firms that fell victim to international cartels can claim damages in the United States. In its 2004 decision on the vitamins cartel, the United States Supreme Court ruled that foreign firms can bring a civil suit in the United States only if the alleged damage is related to the US market. In 2005, the District Court of Columbia ruled that damages incurred abroad cannot be compensated under US antitrust law unless they are directly caused by US cartel prices. This paper puts in perspective those decisions in the light of the positions expressed by the various stakeholders, including the US Department of Justice, foreign governments, and business representatives. The paper asks whether those judicial decisions are consistent with the fight against international cartels, which is a priority of the US Department of Justice.
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In this paper, we analyze the conditions under which non-US firms that fell victim to international cartels can claim damages in the United States. In its 2004 decision on the vitamins cartel, the United States Supreme Court ruled that foreign firms can bring a civil suit in the United States only if the alleged damage is related to the US market. In 2005, the District Court of Columbia ruled that damages incurred abroad cannot be compensated under US antitrust law unless they are directly caused by US cartel prices. This paper puts in perspective those decisions in the light of the positions expressed by the various stakeholders, including the US Department of Justice, foreign governments, and business representatives. The paper asks whether those judicial decisions are consistent with the fight against international cartels, which is a priority of the US Department of Justice.




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