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US & Mexico Trade & Competition Update July 2021

US & Mexico Trade & Competition Update July 2021
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June 2021 United States and Mexico Competition Updates

Updates regarding cancellation of 7-Eleven's acquisition of Speedway gas stations, Huntington Bancshares Inc's proposed acquisition of TCF bank, and indictment of Claxton Poultry for attempts to fix prices, recent antitrust litigation, COFECE updates from Mexio, and more.

Pa Cement Co $151M Merger Ditched Under FTC Challenge

Lehigh Cement Co.'s $151 million plan to acquire one of its largest rivals in the cement market went bust Friday after the Federal Trade Commission challenged the proposed deal and raised concerns the merger would harm regional competition in the nearby gray portland cement market.

Lehigh Cement has abandoned planned $151 million acquisition of plant near Bath, FTC says

The Federal Trade Commission on Friday announced that Lehigh Cement Co. and rival Keystone Cement Co. have decided to abandon their proposed merger. The news comes about two weeks after the FTC said it was challenging Lehigh Cement’s planned $151 million acquisition of Keystone Cement, which has a plant straddling East Allen Township and Bath.

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