Despite the century-long reiteration of the principle of territorial
sovereignty, States are increasingly resorting to extraterritorial
jurisdiction. This book comparatively analyses this phenomenon in US and
European practice in the areas of economic sanctions, export control,
anti-corruption and business & human rights. It makes the case that the
territoriality-based system of jurisdiction is inadequate for allocating
regulatory competences between States in international practice. As a
result, this book proposes a new approach to conceptualizing
jurisdiction by moving away from formal territoriality and towards
considering extraterritorial jurisdiction from its function as an
exercise of public authority.