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Alsco's bid for Spotless Laundries' garment business prompts Australian competition concerns

( October 8, 2020, 05:00 GMT | Official Statement) -- MLex Summary: US-owned Alsco's proposed acquisition of Spotless Laundries' garment-laundering business has sparked preliminary competition concerns in Australia. In a statement published today, the Australian Competition & Consumer Commission said the companies both offer commercial laundry services for garments in multiple states and territories in Australia and the deal would combine the two largest garment laundry suppliers in most states, removing an important constrain on Alsco. The full statement from the Australian Competition & Consumer Commission follows and the ACCC's statement of issues is attached below....

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