( August 7, 2026, 16:43 GMT | Official Statement) -- MLex Summary: CRH and its subsidiary APAC-Tennessee have agreed to divest two hot-mix asphalt plants to settle antitrust litigation filed by the US Department of Justice Antitrust Division and Tennessee Attorney General Jonathan Skrmetti. “State antitrust enforcers can play an important role in merger enforcement in local markets in which potential harm is limited to a single state,” US Deputy Assistant Attorney General G. Charles Beller said in a statement about the proposed consent decree. According to the DOJ, the settlement is designed to "resolve concerns that the transaction, as originally proposed, would likely harm competition, leading to higher prices, lower quality, and less favorable terms for hot-mix asphalt used by the Tennessee Department of Transportation." Statement follows below:...
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