Dow, which operates a significant European footprint, is seeking approximately $1.26 billion in connection with the alleged market infringements. This latest legal challenge adds to a growing pile of litigation for Clariant. The company is already contending with similar lawsuits filed last October by energy majors BP and ExxonMobil, alongside a separate 1.6 billion euro claim from LyondellBasell.
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Clariant Denies Dow’s $1.26 Billion Antitrust Damages Claim
A 1.1 billion euro damages claim filed by Dow has placed Swiss chemical giant Clariant back in the crosshairs of European antitrust litigation. The lawsuit alleges that Clariant participated in practices violating EU competition law within the ethylene purchasing market, a charge the Swiss firm categorically denies as it prepares for court.
Clariant remains steadfast in its position, confirming that it will vigorously defend its procurement actions throughout the upcoming proceedings. Dow has not yet provided a response to inquiries regarding the filing.
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