County Launches Antitrust Action Against Concrete Cos.

Law360, New York (July 1, 2010, 4:13 PM EDT) -- Sioux County, Iowa, has filed a putative class action alleging Grupo Cementos de Chihuahua SAB de CV, Great Lakes Concrete Inc. and other ready-mixed cement manufacturers and sellers conspired to fix prices and rig bids at collusive and noncompetitive prices.

GCC Alliance Concrete Inc., VS Holding Co., Northwest Ready Mix Concrete Inc. and Siouxland Concrete Co. also participated in the conspiracy to fix concrete prices, according to a complaint filed on Wednesday in the U.S. District Court for the Northern District of Iowa.

The companies violated...
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