Kansas jury holds Dow Chemical liable for $400 million in antitrust class action

Posted on: March 20th, 2013 by Steve Larson

Antitrust CasesA Kansas federal jury on Wednesday awarded $400 million to a class of purchasers in multidistrict litigation against The Dow Chemical Co. and other chemical manufacturers, finding the companies had conspired to fix the price of urethane foam.

The jury, which reached its verdict after a five-week trial, said Dow had conspired to fix, raise or stabilize the prices of urethane chemicals, which caused the class of foam-product manufacturers to spend more on the chemicals than they otherwise would have.