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LAWSUITS NEWS & LEGAL INFORMATION

Bayer

This is a settlement for the Antitrust lawsuit.

Kansas City, MO: An antitrust lawsuit was filed against the company regarding its sales of polyester polyol-based products between January 1, 1998 and December 31, 2004. Bayer allegedly conspired with other manufacturers to inflate the price of polyurethane products called MDI and TDI within its polymer operation. US District Judge John Lungstrum in Kansas City, KS approved the $18 million settlement. (Oct-18-06) [INTERNATIONAL HERALD TRIBUNE: BAYER]


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Published on Oct-19-06

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