Chinese Cos. Fight Antitrust Laws’ Reach In High Court

Law360, New York (January 19, 2012, 5:55 PM EST) -- A group of Chinese magnesite exporters early this month petitioned the U.S. Supreme Court to hear their appeal of a Third Circuit decision reviving a six-year-old price-fixing case against them, claiming it contradicts precedent limiting antitrust claims targeting overseas conduct.

In two separate petitions for a writ of certiorari, Sinosteel Corp., Sinosteel Trading Co. and Liaoning Jiayi Metals & Minerals Co. Ltd., along with China Minmetals Corp. and China National Minerals Co. Ltd., argue that the appeals court incorrectly ruled that the Foreign Trade Antitrust Improvements...
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