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FTAIA

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FTAIAForeign Trade Antitrust Improvements Act


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12) The court then found that none of the exceptions to the FTAIA applied and thus concluded that it lacked jurisdiction over the foreign purchasers' claims.
The FTAIA makes the Sherman Act inapplicable to transactions involving foreign commerce (other than import trade or commerce) unless there is a "direct, substantial, and reasonably foreseeable effect" on domestic or import commerce, or export commerce involving domestic persons.
While one might argue that the jurisdictional language in the Foreign Trade Antitrust Improvements Act of 1982 (FTAIA) must also be examined, the FTAIA does not apply to import commerce.
 
 
 
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