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Dow Company Lawsuit Case

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n 2013 Dow Company lost a lawsuit case where they were federally ordered to pay $1.2 billion. The case originally started in 2005; a class action lawsuit was brought against the company alleging that they were price-fixing, an illegal act where companies agree to keep the price level of an item the same. Dow Company has consistently denied all allegations of fixing the price of chemicals. Originally the company was only ordered to pay $400 million, but Dow submitted a request to overturn the judgment, which in turned, caused damages to rise to $1.2 billion due to the antitrust laws, laws ensuring fairness and good faith competition among businesses. Dow is trying to appeal the verdict. They are the only defendants in the class-action lawsuit

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