Waste Management’s Quebec subsidiary has agreed to sell its rights to dispose of nearly two million metric tonnes of waste for more than 20 years at its landfill in Lachute, Quebec, in order to satisfy the Competition Bureau over a potential acquisition.
The agreement comes on the heels of Waste Management Quebec’s (WMQ) intent to acquire RCI Environnement Inc. (RCI), a move the Competition Bureau says would “result in a substantial lessening or prevention of competition for waste disposal services in…Western Quebec…”.
In a February 6, 2013 statement to media, the Competition Bureau says the sale will preserve competition in Quebec by ensuring that the buyer will have access to sufficient landfill capacity to effectively compete for business. The Bureau will appoint an independent monitor to ensure that WMQ complies with the terms of the Consent Agreement.
“I am satisfied that WMQ has agreed to the necessary steps to address the competition concerns identified by the Bureau,” said Interim Commissioner of Competition, John Pecman, in a statement to media. “A monopoly in waste disposal services would have resulted in higher prices for customers, including municipalities and businesses, while also restricting the ability of rival waste collection companies to compete in these markets.”
The following areas in Western Quebec were afftected by under the agreement: Argenteuil, Gatineau, La Rivière-du-Nord, LaVallée-de-la-Gatineau, Les Collines-de-l'Outaouais, Les Laurentides, Les Pays-d'en-Haut, Papineau, and Pontiac.
A copy of the Consent Agreement will be available shortly on the Competition Tribunal website, at www.ct-tc.gc.ca.
The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.