DOW chemical co., LTD. (DOW. N) announced on Wednesday a federal jury ordered 4 million dollars to pay the price control case to make a wide range of foam products, automobile, furniture and packing chemicals, according to court documents.
The dow chemical company has several the collective action, accused of conspiring to manipulate the price of polyurethane chemicals named. However, the dow is the only the accused did not solve. Last month, went to trial in Kansas city, Kansas federal court.
The original tell says, pu chemical buyers, and seek more than $100 million in damages.
If the value of RMB 4 million yuan by the judge sentence is the supervision of cases, it may last according to the federal antitrust law 3 times.
David Bernick, dow's lawyer said that the company will seek after the trial motion ignore.
The plaintiff's claim damages for five years of conspiracy, Bernick. But the jury didn't find the dow Jones bear the whole five years, "he said.
"We think this is very clear, the jury rejected the five years of plot requirements and any other requirements," Bernick said.
Joe goldberg, the plaintiff's attorney, said his decision feel happy.
"People's Kansas management justice, consistent evidence," Goldberg said.
Other the defendant's case in one after another. In 2006, bayer company agreed to pay $55 million. In 2011, huntsman international limited liability company agreed to pay 33 million yuan and, basf company agreed to pay $51000000. In the solving process, no company accept any improper behavior.
The case is in the back of the polyurethane anti-monopoly lawsuit, the federal district court, the district Kansas, - MD - 01616.
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