RSS Clariant Rejects BASF's Allegations Related To 2020 Competition Law Infringement

Currently reading:
 RSS Clariant Rejects BASF's Allegations Related To 2020 Competition Law Infringement

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
15,270
Likes
1,923
Credits
33,933©
Cash
0$
Specialty chemicals firm Clariant AG has disclosed that on January 9, it was named in a damages claim filed by German chemical company BASF in the Munich court. This claim involves four companies, including Clariant, in connection with a competition law violation dating back to 2020. The legal action seeks damages of 1.4 billion euros, citing breaches within the ethylene purchasing market, for which the European Commission imposed sanctions in July 2020. Clariant firmly denies these allegations and intends to vigorously defend its stance during the proceedings. The company has presented economic evidence suggesting that the actions in question did not impact the market.

The material has been provided by InstaForex Company - www.instaforex.com
 
Status
Not open for further replies.

Similar threads

Top Bottom