Federal Register #2026-11658

Antitrust Divestiture of Ready-Mix Concrete Plants and Trucks in San Diego County

This notice concerns a proposed antitrust remedy related to the acquisition of ready-mix concrete operations in San Diego County, California. - Government Buyer: - United States Department of Justice Antitrust Division - State of California Attorney General's Office - OEMs and Vendors: - Taiheiyo Cement Corporation - CalPortland Company (subsidiary of Taiheiyo Cement Corporation) - Vulcan Materials Company - Products/Assets to be Divested: - Three ready-mix concrete plants: - Escondido (real property and plant) - Oceanside (plant) - Lakeside (leasehold interest in plant) - Fifteen ready-mix concrete trucks - Related real property, leasehold interests, licenses, permits, and records - Unique Requirements: - Divestiture of assets to Holliday Rock or another approved acquirer - Divestiture must occur within 15 days of court entry (with possible extension up to 90 days) - Final Judgment expires after 10 years, with possible early termination after 5 years if public interest is served - Enforcement and relief provisions for up to 5 years post-entry - No procurement of goods or services is being solicited; this is a legal and regulatory action to preserve competition in the ready-mix concrete market.

Description

This notice from the Justice Department's Antitrust Division announces a proposed final judgment regarding the acquisition by Taiheiyo Cement Corporation and CalPortland Company of Vulcan Material Company's ready-mix concrete operations in California. The acquisition is alleged to violate Section 7 of the Clayton Act due to potential anticompetitive effects in the San Diego County ready-mix concrete market. The proposed final judgment requires divestitures of certain ready-mix concrete plants, trucks, and related assets to preserve competition. Public comments are invited within 60 days of the notice date.

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