Aventis. (At Closing News).
Aventis, New York, settles antitrust lawsuits regarding the animal feed methionine Met A sulfur-containing essential amino acid obtained from various proteins or prepared synthetically and used as a dietary supplement and in pharmaceuticals. . The lawsuit alleged that Rhone-Poulenc Animal Nutrition, the former animal nutrition business of Aventis, and other companies engaged in concerted pricing practices of methionine. The settlement agreement provides for payments from Aventis to the plaintiffs aggregating approximately $178 million. The plaintiffs are approximately 60 companies that had purchased methionine between 1985-2000.
COPYRIGHT 2003 Doane Information Service
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion