BASF, Others Face Price-Fixing Suit For Polyurethane Input
Law360 (July 9, 2018, 6:18 PM EDT) -- Chemical manufacturing giants BASF, Bayer, DowDuPont and others conspired to shut down plants and curb production in order to lower global supply and increase prices for polyurethane building blocks, according to a proposed antitrust class action filed in New Jersey federal court Friday.
Polyurethane product manufacturer Pennsylvania-based C.U.E. Inc. contends the conspiracy stretched from 2015 to at least this February. The companies, which also include Dow Chemical Co., Covestro AG, Huntsman Corp., Lanxess AG, Mitsui Chemicals Inc., and Wanhua Chemical Group Co. Ltd., as well as corporate affiliates, are “recidivist antitrust violators” who’ve faced civil and criminal cases for past conduct, and this time...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!