TITLE

DSM Elastomers to pay $25 million in antitrust dispute

PUB. DATE
June 2010
SOURCE
Rubber & Plastics News;6/28/2010, Vol. 39 Issue 24, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the company DSM Elastomers is planning to pay 25 million dollars to settle its dispute with group of customers. The dispute was related to purchase of ethylene propylene diene monomer (EPDM) rubber from 1997-2001 for which allegations were that some EPDM suppliers jointly got together to fix prices. The case is pending in the U.S. Court for the District of Connecticut which is yet to approve the proposal.
ACCESSION #
52998269

 

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