Question

In what instances would both the U.S. and EU extraterritorial jurisdiction of competition laws apply? Would only one apply?

Answer 1

Answer-

The main reason behind the company entering into the business world of US is that in present time it is one of the rapidly growing countries of the world. Moreover as the business of the company if reached at its highest point, it will be much profitable as compared to some other country of the world. As far as EU is concerned, there are less competitors in the country and those which are present covers almost 75 percent of the country services. Though it will be a bit difficult for the company to replace the competitor completely but if with some new technologies and ways, it get replaced then EU will be the major contributor in the company’s profits. When we talk of US there is comparatively more freedom of bills and rights if an organization is entering into a new business. As the company will be a new company, the marketing of it will be extremely important. US has the major population who follow up a TV most of the time. So marketing will also be easier. The US have more quality infrastructure in more locations around the country in terms of networks, data centers and technologies. If in an organization, the chances of learning new things are high, then this kind of organization develops a lot. Basically by the term learning we mean new ideas, skill set , information, behavioral qualities that one can acquire using different techniques.