Wednesday, February 20, 2013

The Full Feed from HuffingtonPost.com: Dow Chemical Ordered To Pay $400 Million In Price-Fixing Case

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
Dow Chemical Ordered To Pay $400 Million In Price-Fixing Case
Feb 21st 2013, 01:11

By Andrew Longstreth

(Reuters) - Dow Chemical Co on Wednesday was ordered by a federal jury to pay $400 million in a price-fixing case over chemicals used to make a wide range of foam products found in cars, furniture and packaging, according to court documents.

Dow was one of several chemical company defendants named in a class action lawsuit alleging a conspiracy to fix urethane chemical prices. But Dow was the only defendant not to settle. Last month, it went to trial in Kansas City, Kansas federal court.


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