Seventh Circuit Checks Global Reach of Sherman Act
Date: 04/23/14
Source: The New York Law Journal. Reprinted with permission.
U.S. Court of Appeals for the Seventh Circuit refused to apply U.S. antitrust law in a case where allegedly price-fixed component parts were sold and combined into completed products abroad before being sold to U.S. consumers. A district court decided that chocolate bar manufacturers would not have to face antitrust conspiracy charges at trial because the evidence did not support an inference that their parallel price increases were the result of collusion.
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