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Book Review: The Fall Of The U.S. Consumer Electronics Industry: An American Trade Tragedy, Robert W. Mcgee Jan 1994

Book Review: The Fall Of The U.S. Consumer Electronics Industry: An American Trade Tragedy, Robert W. Mcgee

Northwestern Journal of International Law & Business

This book tells the story of Matsushita et aL v. Zenith.' The title, plus the fact that the author is one of the attorneys who represented Zenith, quickly alerts the reader that the book makes no pretense about being objective. The author does not hide the fact that he is arguing Zenith's position, and for that he is to be commended. Lesser authors would have wrapped their arguments in language that appears unbiased on the surface, yet subtly supports Zenith's side of this trade controversy. Curtis does a commendable job of presenting Zenith's side of the story. He is a …


Rx: Just What The Doctor Ordered: International Standards For Medical Devices, Mindy H. Chapman Jan 1994

Rx: Just What The Doctor Ordered: International Standards For Medical Devices, Mindy H. Chapman

Northwestern Journal of International Law & Business

This Comment demonstrates why the FDA should amend its medical device regulations to emulate those of the European Community. There are two major benefits of a single set of international standards. First, a single set of international standards assures safe medical devices both in the United States and on the international market. Second, the United States will have a greater opportunity to export medical devices to the newly prosperous European Community resulting in greater financial returns and job opportunities for Americans.


The Safeguard Measure/Ver Dilemma: The Jekyll And Hyde Of Trade Protection, Ernesto M. Hizon Jan 1994

The Safeguard Measure/Ver Dilemma: The Jekyll And Hyde Of Trade Protection, Ernesto M. Hizon

Northwestern Journal of International Law & Business

The safeguard measure, or the escape clause mechanism provided in Article XIX of GAIT 1947 has always been the "ugly duckling" in the palette of attractive defensive trade options available to states who wish to withdraw from the Article XI obligation of the 1947 Agreement prohibiting quantitative restrictions on imports. But unlike the antidumping and countervailing duty option which targets "unfair trade," Article XIX deals not with the inherent "fairness" of the onslaught of imports, but merely furnishes a temporary escape hatch for domestic producers to adapt to serious competition from foreign manufacturers.


Section 301 Of The Omnibus Trade And Competitiveness Act Of 1988: A Formidable Weapon In The War Against Economic Espionage, Marc A. Moyer Jan 1994

Section 301 Of The Omnibus Trade And Competitiveness Act Of 1988: A Formidable Weapon In The War Against Economic Espionage, Marc A. Moyer

Northwestern Journal of International Law & Business

Current debate over appropriate methods for curbing the threat of economic espionage revolves around unilateral and multilateral forms of action. There are two kinds of solutions on which the United States could focus its resources and efforts. One involves "supply side" solutions, such as export controls and individual corporate security. The other requires the use of foreign governments, United States intelligence agencies, and domestic law enforcement mechanisms to remedy the problem.5 Currently, debate exists as to which of these solutions should be emphasized. To a certain extent, the purpose of this comment is to describe the current threat to United …


French Privatizations And International Capital Markets, Alexander Marquardt, Ellen H. Clark Jan 1994

French Privatizations And International Capital Markets, Alexander Marquardt, Ellen H. Clark

Northwestern Journal of International Law & Business

The 1993-1994 privatizations of French public companies have been conducted in an atmosphere of innovation among French lawmakers and politicians. The sale of French industries under French Privatization Law No. 86-912 of August 6, 1986 (as modified by Law No. 93-923 of July 19, 1993, the "Privatization Law")' with the use of novel financing methods has dynamized French capital markets. The Privatization Law and recent developments in French stock exchange regulations have permitted France to use privatization as a legal laboratory for testing share placement and distribution techniques developed both in France and abroad. Implementation of the Privatization Law marks …


Gatt And Gats: A Public Morals Attack On Money Laundering, Matthew B. Comstock Jan 1994

Gatt And Gats: A Public Morals Attack On Money Laundering, Matthew B. Comstock

Northwestern Journal of International Law & Business

Experts estimate current worldwide profits from organized crime at one trillion dollars.' By comparison, the aggregate profits of the top fifty Fortune 500 companies totaled $33.923 billion in 1993.2 These illegitimate profits derive from a new generation of international organized crime. Perhaps no one better symbolizes this new generation of transnational gangster than the slain leader of the Medellin drug cartel, Pablo Escobar. Mr. Escobar reaped hundreds of millions of dollars from his illicit drug sales. He then "laundered" his ill-gotten wealth in the world's major financial centers via phones, fax machines, and computers located in his Colombian headquarters.