Acrylic Antitrust Investigation:
Acrylic Companies Fined Millions for Price Fixing
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Polymethyl methacrylate (PMMA) or poly(methyl 2-methylpropenoate) is the synthetic polymer of methyl methacrylate. This thermoplastic and transparent plastic is sold by the tradenames Plexiglas, Perspex, Acrylite, Acrylplast, and Lucite, and is commonly called acrylic glass or simply acrylic. The material was developed in 1928 in various laboratories and was brought to market in 1933. [From Wikipedia] |
European producers of "acrylic glass" were recently fined over 344 million Euros (about 445 million US dollars).
Acrylic glass, known in the industry as "polymethyl-methacrylate," is used in a wide range of consumer products, including car headlights, DVDs, furniture, lighting, food service equipment, aircraft windscreens and windows, and store displays. These products are known under the trade names Plexiglas, Perspex, Acrylite, Acrylplast and Lucite.
Companies fined in this action include:
- Arkema (formerly a part of Total SA)
- Imperial Chemical Industries
- Lucite International Ltd.
- Quinn Barlo (part of the Barlo Group PLC)
If you are a direct (i.e., wholesale) purchaser of polymethyl-methacrylate (Acrylic, Lucite, Plexiglass, etc.) from any of the above companies or their American subsidiaries, you are urged to immediately contact the law offices of Audet & Partners at 800.965.1461 and ask to speak to attorney William Audet. The call is free and there is no obligation. You may also email us using the form to the right. Act now, as delays can harm your case.
Audet & Partners represents individuals, governmental entities, small businesses and institutional shareholders in product liability, tort, negligence, consumer, construction defect, investment fraud, securities, insider trading, antitrust, environmental, whistle blower, aviation and employment cases. In recognition of their outstanding abilities and commitment to the legal profession over the years, the firm and its members have served as Court-appointed Plaintiffs’ Counsel in dozens of federal and state cases throughout the United States.
