Published: June 2, 2017

Publication: Bloomberg

“Honeywell International Inc. was targeted by an antitrust complaint from Arkema SA, which alleges the U.S. company prevents fair competition for the only car-coolant chemical that currently meets new European Union standards on greenhouse-gas emissions.

Arkema filed the complaint with the EU’s antitrust authority seeking a “fair, reasonable and non-discriminatory license to Honeywell’s patents” for 1234yf, a refrigerant used in car air-conditioning systems, according to a statement on Friday. Honeywell’s practices harm consumers, car makers and the environment “as the entire car industry is moving to worldwide deployment of 1234yf.”

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