Mealey's Antitrust/Unfair Competition - South Korea Urges 7th Circuit To Deny Rehearing Of FTAIA Ruling In LCD Case

Mealey's Antitrust/Unfair Competition - South Korea Urges 7th Circuit To Deny Rehearing Of FTAIA Ruling In LCD Case

CHICAGO - Suppliers of liquid crystal display (LCD) panels and the Korean Fair Trade Commission (KFTC) on May 23 asked the Seventh Circuit U.S. Court of Appeals to deny Motorola Mobility Inc.'s petition for rehearing en banc of a ruling that Motorola's claims that the suppliers engaged in a global price-fixing conspiracy based on overseas purchases by Motorola's foreign affiliates do not fall under the Foreign Trade Antitrust Improvements Act's (FTAIA) domestic injury exception and were properly dismissed (Motorola Mobility LLC v. AU Optronics Corp., et al., No. 14-8003, 7th Cir.).

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