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Until recently, defendants accused of global price-fixing or market-allocation conspiracies could estimate their damage exposure in U.S. courts by calculating the alleged overcharges paid by customers whose injuries were sustained in the United States, and then multiplying by three (the treble-damage remedy). That calculation might yield a big number, but at least the exposure was limited to U.S. customers. Although the American antitrust laws are well known for their extraterritorial reach, U.S. courts had
May 05, 2003 at 12:00 AM
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS