Asphalt Companies Hit With Antitrust Suits By W.Va. Cities

Law360, New York (October 12, 2016, 9:35 PM EDT) -- Four West Virginia cities on Wednesday filed putative antitrust class actions in four state courts alleging a handful of asphalt companies have conspired to eliminate competition and jack up prices, costing municipalities across the state tens of millions of dollars.

The cities of Charleston, Parkersburg, Beckley and Bluefield hit West Virginia Paving, Southern West Virginia Paving, Southern West Virginia Asphalt, Kelly Paving and others with the complaints in four circuit courts, saying the companies have illegally combined to create a monopoly that has inflated prices by 40 percent in at least 30 West Virginia counties.

According to the complaints, filed by...

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