The Corporate Gladiator: Geopolitics, Lawfare, and the Conscription of the Private Sector

Authors

  • Prof. Dr. Silas V. Kovic Geopolitical Economy & Law, Institute of International and Development Studies, Geneva

Abstract

For the better part of the post-Cold War era, the multinational corporation (MNC) was conceptualized as a "global citizen"—a stateless, profit-maximizing entity floating above the messy fray of nation-state rivalries. This article argues that this "Davos Consensus" is dead. In its place, a new paradigm of "Corporate Statecraft" has emerged, where private entities are conscripted as the primary foot soldiers in geopolitical conflict.

Through a comparative analysis of the United States’ extraterritorial sanctions regime, China’s Anti-Foreign Sanctions Law, and the European Union’s struggling Blocking Statute, this paper demonstrates how corporate law is being weaponized. The MNC is no longer a neutral bystander but a "Gladiator" forced to choose between conflicting sovereigns. This article posits that the modern General Counsel is no longer merely a legal advisor but a diplomat, navigating a "choice of law" that is effectively a choice of allegiance. We conclude that this fragmentation signals the end of a unified Lex Mercatoria and the rise of a balkanized Lex Politica.

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Published

30-09-2024

Issue

Section

Research Articles