Chocolate Delectable, 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

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Both firms could be subject to U.S. antitrust laws, regardless of their origin or location, if they engage in activities that affect U.S. commerce. In this case, their price-fixing agreement would harm U.S. consumers and competitors, and thus could be considered a per se violation of Section 1 of the Sherman Act, which prohibits horizontal collusion among competitors to restrain trade. As a result, a U.S. court could exercise jurisdiction over both firms, impose fines and penalties, and order injunctive relief to stop the anticompetitive behavior.