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E. I. du Pont de Nemours and Company Message Board

  • sputnick_again sputnick_again Jan 17, 2013 9:11 AM Flag

    looks like all chemical companies utilize fraud to make money

    Dow Chemical faces $3B antitrust damages if it loses lawsuit. Dow Chemical (DOW) could have to pay damages of over $3B if it loses a trial in which it is accused of conspiring to fix the price of urethane chemicals, which are used in foam products, from at least 1999-2003. The plaintiffs are seeking $1B+, an amount that would be trebled under antitrust law. While Dow is going to court, other defendants settled, with Bayer (BAYZF.PK), Huntsman (HUN) and BASF (BASFY.PK) paying a combined $149M.

 
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