AGG Attorney, Jeffrey Jacobovitz Quoted in Bloomberg

Arnall Golden Gregory attorney, Jeffrey S. Jacobovitz, was recently quoted in Bloomberg.  The article entitled, “Ex-China Official Says Firms Forced to Fix Vitamin Prices,” discusses a former Chinese official who testified for vitamin C exporters and is being sued by U.S. companies. The former official said they had no choice but to follow China’s rules and thus can’t be blamed for price-fixing in the $500 million market.

“State action isn’t an unusual defense in antitrust cases targeting foreign companies,” said Jeffrey S. Jacobovitz, an antitrust lawyer at Arnall Golden Gregory LLP who isn’t involved in the case. However, when the foreign government is accused of direct involvement, “it changes the nature of the litigation,” he said in a phone interview. “The political overtones are important to the extent that the government probably will not be pleased to be accused of facilitating antitrust violation.”

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