Latest news with #LewisLiman
Time of India
2 days ago
- Business
- Time of India
Concrete And Cement Additives: U.S. Court Dismisses Antitrust Claims Against Major Concrete Additives Firms, ET Infra
Advt A U.S. judge in Manhattan on Wednesday dismissed a nationwide antitrust lawsuit accusing six companies that sell the vast majority of concrete and cement additives in the United States and Europe of conspiring to drive up prices.U.S. District Judge Lewis Liman said the "extreme and persistent" price hikes alleged by purchasers were "episodic," and inconsistent with coordinated activity in the estimated $27 billion global market for additives and so-called admixtures."Plaintiffs' allegations fall short of suggesting that the price increases were not the product of normal market forces or that the explanations given were pretextual so as to suggest an antitrust conspiracy," Liman defendants include Germany's BASF , Britain's Cinven Group, Italy's Mapei, Ohio-based RPM, France's Saint-Gobain and Switzerland's to court papers, they control an estimated 80% to 90% of the $3 billion U.S. market for the additives, which are chemicals added to concrete, cement and mortar to improve the finished products' strength and his 50-page decision, Liman also said "plus factors" such as mergers, memberships in trade associations, and scrutiny by U.S. and European competition regulators suggested at most that a price-fixing conspiracy was possible, not for the purchasers did not immediately respond to requests for comment. Liman said the purchasers can try to replead most claims. The alleged conspiracy began in began after the European Commission in October 2023 conducted surprise inspections, which the purchasers called "dawn raids," at several producers of construction chemicals, on suspicion of possible anticompetitive commission said the inspections were a preliminary investigatory step and did not mean it found anticompetitive May 2024, the U.S. Department of Justice confirmed a Pennsylvania grand jury had begun probing the concrete and cement additives industry.
Bloomberg
28-05-2025
- Business
- Bloomberg
NY Congestion Pricing Is Likely to Stay Until Year End During Court Case
New York's congestion pricing program is likely to stay in place through late 2025 while a federal judge decides whether the Trump administration can stop New York from charging motorists to enter Manhattan's busiest streets. The state's Metropolitan Transportation Authority sued in February to prevent the federal government from revoking approval for the $9 toll. US District Judge Lewis Liman, who has blocked the US from withholding any funds or blocking new projects while the case proceeds, signaled in an order Wednesday that he could take until the end of the year to reach a decision.
Reuters
28-05-2025
- Business
- Reuters
US judge bars Trump from killing New York congestion program
May 28 (Reuters) - A judge on Wednesday blocked the U.S. Transportation Department from withholding federal funding from New York as the Trump administration seeks to kill Manhattan's congestion pricing program. U.S. District Judge Lewis Liman, who a day earlier had issued a temporary restraining order, issued a preliminary injunction preventing the federal government from withholding approval of or funding for New York projects. Liman said in his 109-page opinion that the Transportation Department had "challenged Plaintiffs to a game of chicken," saying New York could either kill the program or "else may brace for impact and prepare to suffer the effects" of government compliance measures.
Washington Post
28-05-2025
- Business
- Washington Post
Judge blocks Trump officials' bid to end NYC congestion pricing
A federal judge said Tuesday that New York City can keep charging drivers entering parts of Manhattan up to $9 until at least June 9 through its congestion pricing program, which aims to reduce traffic and raise funds to revamp the city's decaying mass transit network. Judge Lewis J. Liman of the Southern District of New York federal court issued a temporary restraining order Tuesday against Transportation Secretary Sean P. Duffy and other officials, blocking them from withholding federal cash or approvals from the state in a bid to kill congestion pricing. New York's Metropolitan Transportation Authority sued the Trump administration in February for trying to terminate the program.
Bloomberg
28-05-2025
- Business
- Bloomberg
NY Wins Order Against US Funding Freeze in Congestion Fight
By and Michelle Kaske Updated on Save New York won a court order temporarily barring the Trump administration from withholding federal approvals or funds for the state's transportation projects, as the president tries to end Manhattan's congestion pricing program. The administration has threatened to hold back the funds and permissions unless New York stops charging tolls to drive into the borough's tolled zone. US District Judge Lewis Liman on Tuesday granted a request by the Metropolitan Transportation Authority to block such efforts by the federal government through June 9 while he considers whether the US has the legal right to terminate the toll.
