Beau Buffier, Heather Lamberg Kafele, and Stephen Mavroghenis, Shearman & Sterling, Antitrust, Client Publication, December 2014
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The Seventh Circuit Court of Appeals ruled that Motorola cannot recover overcharges to its non-U.S. subsidiaries that purchased price-fixed LCD panels abroad, even though finished cellphones incorporating those panels were ultimately sold in the United States. The Court held that permitting such actions would be an unjustified interference with the right of foreign nations to regulate their own economies.