Le Lézard
Classified in: Business
Subjects: TNM, CFG

Competition Bureau obtains court orders related to its challenge of Secure's acquisition of Tervita


GATINEAU, QC, Oct. 1, 2021 /CNW/ - The Competition Bureau has obtained court orders to further inform its challenge of Secure Energy Services Inc.'s acquisition of Tervita Corporation before the Competition Tribunal.  

The court orders require Albright Flush Systems Ltd., AQT Water Management Inc., and Galatea Technologies Inc., who have information relevant to the Bureau's challenge, to produce records and written information relating to the provision of waste disposal services. The Bureau may seek additional court orders as this matter unfolds.  

The Bureau previously concluded that Secure's acquisition of Tervita is likely to substantially lessen competition for services provided at oil and gas waste disposal facilities in the Western Canadian Sedimentary Basin (WCSB) ? likely resulting in customers paying higher prices and suffering reductions in service quality.

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The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.

SOURCE Competition Bureau


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