FTAIA Does Not Bar Foreign Purchasers' Claims, N.Y. Federal Judge Rules

NEW YORK - Foreign purchaser claims that Chinese corporations participated in an illegal cartel to fix prices and limit supply for exports of vitamin C to the United States fall within the import trade and domestic effects exceptions of the Foreign Trade Antitrust Improvements Act (FTAIA), a federal judge in New York ruled Nov. 19 in denying defendants' motion to dismiss the foreign purchaser antitrust claims (In re Vitamin C Antitrust Litigation $(Animal Science Products, Inc., et al. v. Hebei Welcome Pharmaceutical Co. Ltd., et al.$), No. 05-453, E.D. N.Y.; 2012 U.S. Dist. LEXIS 165067).Full story on lexis.com