FTAIA No Limit To Antitrust Claims Jurisdiction: 3rd Circ.

Law360, New York (August 17, 2011, 5:55 PM EDT) -- The Third Circuit on Wednesday reversed its precedent that a law designed to rein in U.S. antitrust claims over foreign conduct limits the jurisdiction of federal courts, reinstating a six-year-old case over Chinese magnesite imports.

In a precedential opinion, a three-judge panel vacated the 2010 dismissal of a suit accusing Chinese mineral and metal producers of conspiring to fix the prices of their exports to the U.S. and remanded the dispute to the New Jersey district court.

Though the circuit had ruled in two previous cases...
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