DuPont Must Face Antitrust Claims From Kolon, Court Rules
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DuPont Co. must face antitrust claims from South Korea textile maker Kolon Industries Inc. over its alleged monopolization of the U.S. market for para-aramid fibers, which DuPont uses in its Kevlar-branded products.
A U.S. appeals court in Richmond, Virginia, today said a federal judge didn’t properly consider DuPont’s share of the U.S. market before dismissing Kolon’s claims last year.