Competition Economics assists State of New Hampshire in obtaining $236 million judgment in MTBE product liability case

In the matter of State of New Hampshire v. Hess Corp. et al., in April 2013 a New Hampshire jury determined that ExxonMobil Corp. should pay $236 million in damages after the jury found the company negligent for adding methyl tertiary butyl ether (“MTBE”) to gasoline which contaminated the state’s drinking water. CE staff, led by Director Michael A. Williams, assisted an Academic Affiliate who provided expert economic testimony on the distribution of gasoline and ExxonMobil’s wholesale gasoline share in New Hampshire, which was central to the jury’s damages calculations.
ExxonMobil appealed the verdict, but on October 2, 2015 the Supreme Court of New Hampshire upheld the $236 million trial judgment.
Sher Leff LLC served as counsel for the State of New Hampshire.

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