司法部更新与州检察长协作审查地方并购进展:今年已与加州、田纳西等州达成同意令并移交多起调查

美国司法部10月29日发布更新,说明反垄断司与各州总检察长就「影响主要局限于一州之内」的地方并购调查的协作情况:自2026年1月以来,反垄断司已与加利福尼亚州、田纳西州总检察长合作,就水泥与沥青行业并购与交易方达成同意令,并将纽约州、宾夕法尼亚州、新泽西州的沥青市场调查移交三州总检察长,其后均达成和解。
司法部副总检察长 Stanley E. Woodward, Jr. 表示,联邦制原则要求司法部把资源用于具有区域或全国影响的并购,但当出现具有全国意义的反垄断问题时,司法部也会酌情调查地方交易;对于全国性重要的并购,司法部一般会自行形成处理意见,同时也可与能为调查作出独特贡献的州执法者合作。
反垄断司副助理总检察长 G. Charles Beller 表示,在联邦体制下,联邦与州执法者面对不同的公众群体、各有所长;建设性的合作关系包括在明显属于联邦或地方利益的事项上,尊重相对更有能力的机构主导。「当交易只牵涉独特的地方利益时——例如州政府本身是可能直接受损的采购方,或潜在竞争影响只限于一州之内——反垄断司欢迎州执法者发挥领导作用。」
司法部列举的2026年1月以来协作成果还包括:与州总检察长联合调查同时需要联邦与州层面介入的地方及跨州并购;在涉及地方事务的其他并购调查中与州总检察长密切磋商合作。
关联:司法部反垄断司结案两起地方沥青并购调查:Colas与CRH交易经州检察长和解剥离设施
Justice Department Updates Collaboration With State Attorneys General on Review of Local Mergers
The Department of Justice on October 29 provided an update on the Antitrust Division's collaboration with state attorneys general regarding investigations of mergers with predominantly intrastate effects: since January 2026, the Division has partnered with the Attorneys General of California and Tennessee to enter into consent decrees with merging parties in the cement and asphalt industries, and has referred asphalt-market investigations in New York, Pennsylvania, and New Jersey to those states' attorneys general, who subsequently reached settlements with the parties.
Associate Attorney General Stanley E. Woodward, Jr. said principles of federalism guide the Department to use its resources on mergers with regional or national implications, though it will sometimes exercise discretion to investigate local transactions, including when there is an antitrust issue of national significance; for mergers of national importance, the Department will generally form its own views of the appropriate resolution, while it may partner with state enforcers who contribute distinctively to an investigation.
"In our federal system, federal and state law enforcers have different constituencies and distinct competencies. A constructive relationship between antitrust enforcers at both levels includes deferring to the agency of relative competence in matters that impact distinctly federal or local interests," said G. Charles Beller, Deputy Assistant Attorney General in the Antitrust Division. "The Antitrust Division welcomes leadership from state enforcers in transactions that implicate uniquely local interests, such as when the state is a purchaser that could suffer direct injury or when potential effects on competition are limited to a single state."
The Department also listed among its collaboration work since January 2026 jointly investigating local and multistate mergers with state attorneys general where both federal and state involvement is justified, and consulting and working closely with state attorneys general in other merger investigations involving local matters.
来源:GSM·美国(原文链接)
图片来源:图:位于萨克拉门托的加州州议会大厦(素材库 california 固定图)。GSM 素材库。 / The California State Capitol in Sacramento. GSM asset library (california pack).

