China's Export Policy Changes After U.S. Antitrust Case

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April 23 (Bloomberg) -- William Isaacson, partner at Boies, Schiller & Flexner LLP, talks with Bloomberg Law's Spencer Mazyck about his eight-year antitrust crusade against several Chinese Vitamin C makers, which resulted in a federal jury verdict on March 14, 2013, ordering the manufacturers to pay $162.3 million to U.S. customers for fixing export prices. This case marks the first time Chinese companies faced a trial on U.S. antitrust claims. See more +
April 23 (Bloomberg) -- William Isaacson, partner at Boies, Schiller & Flexner LLP, talks with Bloomberg Law's Spencer Mazyck about his eight-year antitrust crusade against several Chinese Vitamin C makers, which resulted in a federal jury verdict on March 14, 2013, ordering the manufacturers to pay $162.3 million to U.S. customers for fixing export prices. This case marks the first time Chinese companies faced a trial on U.S. antitrust claims.

Isaacson, in this "Rainmakers" episode, also discusses the implications of the historic ruling for Chinese companies doing business in the United States.

(Source: Bloomberg) See less -

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Topics:  Chamber of Commerce, China, Class Action, DOJ, Price-Fixing, Settlement

Published In: Antitrust & Trade Regulation Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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