Supreme Court hands Trump win in China antitrust case

[DonViejo]

Source: Reuters




JUNE 14, 2018 / 10:12 AM / UPDATED 38 MINUTES AGO

Andrew Chung

WASHINGTON - The U.S. Supreme Court sided with the Trump administration and against China on Thursday on a disputed aspect of their fraught trade relationship, throwing out a lower court ruling that had allowed two Chinese vitamin C makers to escape $148 million in damages for violating American antitrust law.

In a case that brought the trade conflict between the world’s two largest economies before the top U.S. court, the justices ruled 9-0 that the lower court gave too much deference to Chinese government filings in the case explaining China’s regulatory policy.

The justices sent the case back for reconsideration by the New York-based 2nd U.S. Circuit Court of Appeals, which in 2016 threw out the damages won by two American vitamin C buyers.

Writing for the court, Justice Ruth Bader Ginsburg wrote that while U.S. courts should give “respectful consideration” to a foreign government’s interpretation of its own law, they are not “bound to accord conclusive effect to the foreign government’s statements.”

Read more: https://www.reuters.com/article/us-usa-court-china/supreme-court-hands-trump-win-in-china-antitrust-case-idUSKBN1JA21B

[elleng]

1. Foolish headline (and lead sentence.)

'not “bound to accord conclusive effect to the foreign government’s statements.”'

[yallerdawg]

2. I can't imagine what China thinks of US Court rulings.

I know what we would think of theirs!

Hell, half the citizens of the United States don't trust the Supreme Court to be fair and neutral at any given time.

This is why trade partners agree to neutral arbitration outside of either nation's judicial systems, also known as Investor State Dispute Settlement.

This case started in 2005? Back to lower court? Anyone familiar with 'Bleak House?'