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Caustic soda purchasers say US court has jurisdiction over Formosa in price-fixing dispute

( March 1, 2021, 22:31 GMT | Official Statement) -- MLex Summary: Substantial evidence exists to support US jurisdiction over Formosa Plastics in a price-fixing case over caustic soda, according to plaintiffs. They said that despite Formosa being a Taiwanese company, the evidence shows that it participated in the alleged conspiracy directly by pricing and selling caustic soda to US customers and limiting the volume that it would sell to one of the largest distributors, which was also a customer of the co-conspirators.See document below. ...

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