Potash Cos. Want 7th Circ. Foreign Antitrust Ruling Reviewed

Law360, Washington (November 27, 2012, 4:35 PM EST) -- The Seventh Circuit's decision to back a more expansive view of federal antitrust laws' foreign authority is “legal imperialism,” and the wider reach could create friction between the U.S. and its trading partners, a group of international potash producers appealing the decision told the U.S. Supreme Court on Friday.

Agrium Inc., The Mosaic Co. and others argued in their petition for certiorari that the appeals court erred when it chose to endorse the U.S. Department of Justice's broad application of the Foreign Trade Antitrust Improvements Act...
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