Group Seeks €430M Over Hydrogen Peroxide Cartel

Law360, New York (April 23, 2009, 12:00 AM EDT) -- A Brussels-based private group has launched a suit in Germany against six alleged members of an international hydrogen peroxide cartel that has already been the target of landmark fines from the European Commission and multimillion-dollar class action settlements in the U.S.

Cartel Damage Claims Hydrogen Peroxide SA — an arm of the Belgian CDC that seeks private damages for cartel victims in Europe in lieu of U.S.-style class actions in local laws — targeted Germany's Evanik Degussa GmbH, Dutch chemical giant Akzo Nobel NV, Belgium's Solvay...
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