Focus on Public Policies

Antitrust: Updating Extraterritoriality


Abstract


Updating Extraterritoriality argues that a global economy requires extraterritorial reach, and that nations have been too timid in restraining themselves from condemning international cartels on grounds of indirectness of effects. The article poses five sets of real-life fact problems, analyzes what is or is not a legitimate outreach of national law, and proposes that, in cases of world consensus principles, notably hard core cartels, the national and world interest in a global economy free of restraints of competition (the world commons of competition) should be a factor in deciding whether jurisdiction lies. The article examines how to reflect world welfare more cautiously in other cases.


Keywords


Antitrust; Comity; Competition; Extraterritoriality; Foreign Sovereign Compulsion; International cartels; Global economy

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DOI: http://dx.doi.org/10.12870/iar-12893

References






Antitrust & Public Policies
ISSN: 2284-3272

Iscrizione al Tribunale di Roma n. 300, del 12 dicembre 2013, modificata con registrazione n. Reg. Certificati 216 bis/2019

Last issue published on December 30, 2019