Westinghouse Uranium
Westinghouse Uranium: a case brought in the mid-1970s by Westinghouse, a manufacturer of nuclear power stations, under United States antitrust laws against 29 domestic and foreign uranium suppliers. Much of the case against the foreign companies had to be conducted under extraterritoriality provisions. The matters raised by this case were eventually settled, partly because the foreign companies were loath to lose their access to the United States market. One of its longer-term effects was, however, the emergence of blocking statutes and clawback provisions.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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