Jury Convicts Two Executives in Longstanding Antitrust Conspiracy to Fix Prices, Rig Bids and Allocate Markets for Concrete
Jul 12, 2024
A jury convicted Gregory and David Melton yesterday in the U.S. District Court in Savannah, Georgia, for their role in a conspiracy to fix prices, rig bids and allocate markets for sales of ready-mix concrete in Georgia and South Carolina. The conspiracy, which began as early as 2010 and continued until about July 2016, involved coordinating price-increase letters to customers, allocating specific jobs in the coastal Georgia area and submitting bids to customers at collusive and noncompetitive prices.
From the U.S. Department of Justice: Read More