Dow Chemical settles price-fixing case after Judge Scalia’s death

Weeks after his death, U.S. Supreme Court Justice Antonin Scalia is still having effects on the nation’s highest court.

Dow Chemical Co. (NYSE: DOW) agreed Friday to settle a more than 10-year long legal battle over price-fixing at a cost of $835 million, saying its Supreme Court petition had little chance of winning after the judge’s death.

The petition argued a Kansas federal jury’s February 2013 decision that found the company liable for conspiring to artificially inflate prices of polyurethane violated previous rulings by Scalia in favor of Wal-Mart Stores Inc. and Comcast Corp.

Despite the settlement, Dow did not admit wrongdoing in the price-fixing case.

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