Feds weigh Lehigh commitment to Keystone Cement powder pricing

Sources: U.S. Federal Trade Commission; CP staff The Federal Trade Commission is preparing for a November 2021 administrative trial aimed at blocking or altering the terms of Lehigh Cement Co. LLC’s purchase of Keystone Cement, arguing that the $151 million deal will harm regional competition and violate the FTC and Clayton Acts. The agency cites the suitor’s ownership of two…