American competitors and consumers denied protection by antitrust laws loophole.
The article discusses how American antitrust laws apply to anti-competitive behavior outside the country. It explains the history of these laws and the Foreign Trade Antitrust Improvements Act (FTAI). The FTAI excludes certain conduct from antitrust laws but has been interpreted too broadly by courts, leading to less protection for American competitors and consumers. The article argues for a more accurate interpretation of the FTAI to ensure proper antitrust enforcement.