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O’Melveny’s Pearl, Hancock Author Law360 Article on Antitrust Law

June 28, 2012

O’Melveny & Myers’ James Pearl and Alicia Hancock co-authored the June 27, 2012, Law360 article, “Expanding The Extraterritorial Reach of US Antitrust Law,” which discusses how the recent Seventh Circuit decision regarding the Foreign Trade Antitrust Improvements Act (FTAIA) will affect companies that conduct international business. According to Pearl and Hancock, the decision held that the FTAIA is not a jurisdictional statute, and instead expands the scope of a Sherman Act claim over foreign conduct. This includes foreign conduct that has a “direct, substantial, and reasonably foreseeable effect on US domestic or import commerce,” according to the decision.