A clawback provision allows a foreign company to sue in their own country to recover against local American assets all or part of an antitrust judgment rendered in the U.S.

Question

Quizplus · Accepted Answer

This statement is true. Clawback provisions are included in many international antitrust agreements and allow foreign companies to seek recovery of damages from local American assets if they have received an antitrust judgment in the U.S. This provision helps to ensure that antitrust regulations are being enforced globally and that companies cannot avoid paying penalties by hiding assets in other countries.

A Clawback Provision Allows a Foreign Company to Sue in Their