The Slobovian Confederations five producers control 95 percent of the worlds supply of goom, the key ingredient
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“goom,” the key ingredient in the production of goomey bears. To maximize the Slobovian standard of living, the government passed a law creating a cartel among the five producers and forbidding access to Slobovian goom by any other entity. The price of goomey bears skyrocketed in the United States. Giggles Consolidated, a U.S. candy manufacturer, attempted to purchase a goom mine in Slobovia but was rejected by the cartel. As a result, Giggles brought an antitrust action against the cartel members in federal district court. Does U.S. law apply? If the U.S. court finds for Giggles, how can U.S. courts enforce such a judgment?
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International Business Law and Its Environment
ISBN: 978-0324649659
7th Edition
Authors: Richard schaffer, Filiberto agusti, Beverley earle
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