In keeping with today’s unaccountable political climate, The Dow Chemical Co.’s duplicitous spin on why it settled its recent $1 billion price-fixing verdict is hardly surprising. Rather than awaiting the U.S. Supreme Court’s decision to review this verdict, Dow triggered hundreds of headlines when, on Feb. 26, it released an incendiary statement insisting that it could no longer count on the high court to undo its verdict following Justice Antonin Scalia’s death.
Lamenting that the “untimely, unfortunate death of Scalia [had left] in question the current structure of the Court,” Dow grudgingly agreed to pay $835 million to victims of its multiyear urethane price-fixing scheme, refusing to accept responsibility for its well-documented wrongdoing.
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