In an unsatisfying decision, the U.S. Court of Appeals for the Second Circuit on Tuesday let a Chinese vitamin C maker off the hook for price fixing.
Not because the company didn’t fix prices. It admitted that it did.
The first-ever antitrust trial of a Chinese company in the U.S. didn't end well. The U.S. Court of Appeals for the Second Circuit on Tuesday let a Chinese vitamin C maker off the hook for price fixing, even though the company admitted that it did it. Credit another first: the Chinese government's unprecedented foray as an amicus, represented by Sidley's Carter Phillips.
September 20, 2016 at 10:14 PM
1 minute read
In an unsatisfying decision, the U.S. Court of Appeals for the Second Circuit on Tuesday let a Chinese vitamin C maker off the hook for price fixing.
Not because the company didn’t fix prices. It admitted that it did.
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