Earlier quoted context omitted.
> What you can't do is start a side business where you become a company's competitor by finding another country where prices are low enough that you can buy bulk and import into the US for less than the US price Why not? That's the free market economy at work isn't it? How is this different to off-shoring production and supply sourcing to save money?
Because the law says so. I'm all for changing the law, but that's just not what this case is about.
What if an American living in Thailand purchased books in the US, imported them into Thailand and sold them at a profit? Would that also be illegal under this law?