FTC Aims To Block Consolidation In The Cement Industry
By EsqSocial Corporation 28/05/21
The Federal Trade Commission (“FTC”) filed an administrative complaint and authorized a suit in federal court to block the acquisition of cement producer Keystone Cement Company (“Keystone”) by rival cement producer Lehigh Cement Company LLC (“Lehigh”) over allegations that the deal would harm regional competition in cement, a key ingredient for concrete production, in violation of the FTC Act and the Clayton Act......
By: Cozen O'Connor