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International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced content levelIntermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

Country Risk Arising from the Home-Country Legal Environment

Does country risk arise only due to the host country’s legal environment? No, home-country legal systems also play a role. Extraterritoriality refers to the application of home-country laws to persons or conduct outside national borders. In most cases, such laws are intended to prosecute individuals or firms located abroad for some type of wrongdoing.

Examples of extraterritoriality in international business abound. A French court ordered Yahoo! to bar access to Nazi-related items on its website in France and to remove related messages and images from its sites accessible in the United States. In 2018, the European Union fined Qualcomm $1.2 billion for unfair and anti-competitive practices ...

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Publisher Resources

ISBN: 9780136763017