Industrial Investment Development Corporation v. Mitsui & Co., Ltd.

REAVLEY, Circuit Judge:

This is an antitrust suit. The district court initially granted the defendants’ motion for summary judgment on the single ground that the action was barred by the act of state doctrine. We reversed. 594 F.2d 48 (5th Cir. 1979), cert. denied, 445 U.S. 903, 100 S.Ct. 1078, 63 L.Ed.2d 318 (1980). On remand, the district court turned back to the same motion of the defendants and granted summary judgment on the three remaining grounds: (1) that defendants’ conduct is beyond the extra-territorial scope of the antitrust laws; (2) that plaintiffs have no standing to sue under…