The Federal Trade Commission is currently accepting public comments on an application by LafargeHolcim Ltd. to amend the terms of several agreements that were part of a 2015 FTC order settling charges that the $25 billion merger of Holcim and Lafarge would likely harm competition in the United States.
Under the order, the Commission required the parties to divest cement plants, quarries, terminals and other assets in 12 states and several locations in Canada.
LaFargeHolcim, Ltd. states that the amendments to revise a barging agreement and a throughput agreement, as proposed in the application, are necessary to resolve a dispute between LafargeHolcim and divestiture buyer Essroc Cement Corp. regarding the interpretation of a technical measurement term used in the two agreements.
The Commission will decide whether to approve the application after a 30-day public comment period, which expires on July 3, 2017. Comments can also be filed electronically or sent to: FTC Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, DC 20580. (FTC File No. 141 0129, Docket No. C-4519; the staff contact is Dan Ducore, Bureau of Competition, 202-326-2526.)
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.
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