WASHINGTON, Aug. 7 -- The U.S. Department of Justice's Antitrust Division issued the following news release:
The Justice Department's Antitrust Division, joined by the Attorney General of Tennessee, announced today that they will require CRH and its subsidiary APAC-Tennessee to divest two hot-mix asphalt plants as part of its acquisition of Standard Construction to address antitrust concerns in western Tennessee.
"Today's settlement is a model for how government works better when federal law enforcers collaborate with states in protecting local interests from competitive harm," said Associate Attorney General Stanley E. Woodward Jr. "I thank Tennessee Attorney General Jonathan Skrmetti for his partnership to protect critical roadway infra...