Justice, Morrisey Announce Multi-Million-Dollar Settlement in Asphalt Lawsuit
“A lawsuit accusing several paving companies of anti-competitive practices and price gouging is over, with state officials announcing Friday a $101.35 million settlement,” reports in Steven Allen Adams in The Intelligencer.
“West Virginia Paving Inc., Kelly Paving Inc., American Asphalt and Aggregate Inc., and eight associated companies agreed to pay that amount to the state in a settlement of an anti-trust case brought by Attorney General Patrick Morrisey and six local governments, in Parkersburg.”
“The lawsuit, filed on Jan. 11, 2017, accused CRH PLC – based in Ireland and the parent company for several asphalt and paving companies doing business in West Virginia – of creating a monopoly on paving and asphalt supplies, driving up the cost of projects and materials at the expense of state taxpayers.”