U.S. Antitrust Law’s Reach Overseas Won’t See SCOTUS Scrutiny
June 17, 2015
The Supreme Court has declined to review how far U.S. antitrust laws can reach in sanctioning foreign companies for activities overseas. The criminal case submitted for Court review concerns executives with Taiwanese tech company AU Optronics who were sentenced to prison for their role in a price-fixing conspiracy. The Ninth Circuit Court of Appeals upheld the convictions, and the Supreme Court this week let the ruling stand. Meanwhile, in the civil case, Motorola claimed it overpaid for LCD screens because of the price-fixing scheme. A three-judge Seventh Circuit panel denied that claim. Motorola appealed to the Supreme Court, but the Court denied it this week without comment.
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