ABSTRACT
With the exception of the European and Andean Communities, competition law remains domestic. Business and commerce, however, increasingly transcend territorial boundaries. If a state wishes to sanction anticompetitive conduct occurring outside its territorial limits, it must apply its competition laws extraterritorially. For the purposes of this discussion extraterritoriality does not require a precise definition; indeed, it has no universally accepted definition.1 Here it is simply used as an expression to refer to those occasions where domestic law is sought to be applied and enforced against conduct that occurs outside the territorial boundaries of the state.
