The presidents of Oxtron,Inc.,a U.S.company,and Dunka,Inc.a German company,met in Munich,Germany.Oxtron and Dunka are direct competitors in over-the-counter medicines.The presidents agree to fix prices on their major products.This agreement may violate U.S.antitrust law even though the agreement was made in Germany.

Question

Quizplus · Accepted Answer

Even though the agreement was made in Germany, it may still violate U.S. antitrust law as it affects competition in the U.S. market. The U.S. antitrust laws apply to both domestic and foreign companies and can have extraterritorial jurisdiction in certain cases.

The Presidents of Oxtron,Inc