Judge Dismisses Iowa Concrete Antitrust Suit

Law360, New York (March 8, 2011, 6:03 PM EST) -- A federal judge in Iowa dismissed an antitrust class action Tuesday against five of the state’s ready-mix concrete manufacturers, including four whose executives already pled guilty to price-fixing and bid-rigging in parallel criminal proceedings.

While the executives’ plea agreements are proof of several distinct antitrust agreements, the plaintiffs failed to prove a broadly ranging, four-year conspiracy across the state, according to the order dismissing the case without prejudice by Judge Mark W. Bennett of the U.S. District Court for the Northern District of Iowa.

It was...
To view the full article, register now.