Deep Dark Chocolate,Inc.,a U.S.firm,enters into an agreement with Columbiana Cacao,S.A.,a South American firm,to fix the price of imported chocolate in the U.S.market.If the agreement is a per se violation of U.S.antitrust laws,a U.S.court could exercise jurisdiction over

Question

Deep Dark Chocolate,Inc.,a U.S.firm,enters into an agreement with Columbiana Cacao,S.A.,a South American firm,to fix the price of imported chocolate in the U.S.market.If the agreement is a per se violation of U.S.antitrust laws,a U.S.court could exercise jurisdiction over​

Quizplus · Accepted Answer

Both Deep Dark Chocolate, Inc. and Columbiana Cacao, S.A. could be subject to jurisdiction because they entered into an agreement that is a per se violation of U.S. antitrust laws. It is important to note that antitrust laws apply extraterritorially to foreign firms engaged in anticompetitive conduct that affects U.S. commerce.