May 27, 2025|
AI
|6 months agoSwiss Chemical Giant Faces €1 Billion Price-Fixing Lawsuit
Clariant confronts major legal challenge as Austrian petrochemicals group OMV files price-fixing lawsuit in Amsterdam court.
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Generated IllustrationKey Takeaways
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- OMV has filed a €1 billion lawsuit against Clariant and three other companies
- Clariant was previously fined €155.8 million for ethylene price-fixing cartel
- Dow Chemical filed a separate €767 million lawsuit in Munich
- BASF and TotalEnergies have filed similar lawsuits claiming €1.4 billion and €625 million respectively
By The Numbers
€1 billion
OMV lawsuit claim amount
€155.8 million
Previous EU fine paid by Clariant
They Said
"Clariant strictly rejects the allegations and intends to vigorously defend its rights in this matter"
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New Legal Challenge
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Historical Context
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Industry Impact
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