Former F1 world champion Mario Andretti held a press conference outside the U.S. Capitol with Michigan Rep. John James to make their case for admitting Andretti Cadillac on the grid.
There are US laws for business. Most countries have them. Antitrust laws are not contingent on internal contracts. It’s a law not a contract dispute. If you can acknowledge that it might be worthwhile to go further.
US laws apply to anybody or anything on US Ground. That includes people, business, and things like money and banking.
If you want to practice monopolistic business practices in other parts of the world and exclude the US and U.S.-Mexico-Canada Agreement countries, that is up to you and the antitrust laws of the EU and Britain.
If this is your way of saying you understand this is not a contract matter, say so.
You are dead wrong about F1 being a foreign entity but suppose it is. Suppose it is incorporated in Britain instead of Delaware. Then it still can be indicted as was FIFA, a Swiss company, as this article explains.
There are US laws for business. Most countries have them. Antitrust laws are not contingent on internal contracts. It’s a law not a contract dispute. If you can acknowledge that it might be worthwhile to go further.
US laws don’t apply outside of the US.
I get that you’re really into your nationalism and American exceptionalism over there, but surely you understand that.
US law is as relevant here as Japanese law.
Sigh.
US laws apply to anybody or anything on US Ground. That includes people, business, and things like money and banking.
If you want to practice monopolistic business practices in other parts of the world and exclude the US and U.S.-Mexico-Canada Agreement countries, that is up to you and the antitrust laws of the EU and Britain.
If this is your way of saying you understand this is not a contract matter, say so.
Exactly, and FOM isn’t in the US, it’s in the UK. I can show you a map if you like.
This really isn’t complicated.
So, it’s not a contract issue
You are dead wrong about F1 being a foreign entity but suppose it is. Suppose it is incorporated in Britain instead of Delaware. Then it still can be indicted as was FIFA, a Swiss company, as this article explains.
https://www.cnbc.com/2015/05/27/why-fifa-is-being-prosecuted-in-the-us.html#:~:text=FIFA may be based in,some of its top officials.
BTW, the Feds won this case.