Law360, New York (January 20, 2012, 11:26 PM ET) -- U.S. antitrust law can apply to claims involving foreign trade even if the conduct at issue does not specifically target U.S. imports, the federal government said Wednesday in a brief to the Seventh Circuit, which is rehearing a case alleging international potash producers fixed prices.
A Seventh Circuit panel had tossed the suit, brought by U.S. potash purchasers, in September, saying the plaintiffs had failed to allege that the producers' conduct had a direct effect on the U.S. market for the fertilizer component as required by...
7th Circ. Read Trade Law Too Narrowly In Potash Case: US
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