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Paving companies settle bid-rigging charges with Connecticut AG

( December 6, 2024, 16:22 GMT | Official Statement) -- MLex Summary: Asphalt paving companies B&W Paving & Landscaping, Advance Resources and their principals have agreed to pay $360,756 to settle bid-rigging charges brought the office of the Connecticut Attorney General, state AG William Tong announced in a press release. An investigation by the AG lead to allegations that the husband-and-wife owned companies engaged in a bid-rigging conspiracy that "created a false appearance of competition and manipulated the competitive bidding process for subcontracted work in violation of federal and state antitrust laws," and Advance Resources will be divested and dissolved as part of the settlement.Statement follows below:...

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