Sika, Saint-Gobain Face Concrete Price-Fixing Antitrust Suits

Building materials producers Sika AG and Cie. de Saint-Gobain SA are among several European companies facing a pair of antitrust suits that allege they fixed the price of cement, concrete, and mortar used in construction projects.

M&D Peterson LLC, a New York company that purchased supplies from one or more of the defendants, and Keystone Concrete Block & Supply Co. of Pennsylvania have each filed proposed class actions against the European firms in the US District Court for the Eastern District of Pennsylvania.

The suits, which were filed Tuesday and Wednesday, follow investigations announced in October by the European Commission, ...