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Cleanaway-Citywide deal could harm waste-disposal markets, Australian watchdog warns

( November 14, 2024, 00:25 GMT | Official Statement) -- MLex Summary: Cleanaway Waste Management’s acquisition of Citywide Waste could extend Cleanaway’s already strong position in Melbourne by expanding its network of waste-disposal facilities, Australia competition watchdog has warned. In publishing a statement of issues today, the Australian Competition & Consumer Commission said it was concerned the expansion of Cleanaway’s waste-disposal network may enable the publicly listed waste-services giant to charge downstream collection providers higher prices and reduce service quality. “Rival waste collectors … require access to waste-disposal facilities at competitive rates, and competitive service levels, to compete effectively for customers,” ACCC Commissioner Philip Williams said.The Australian Competition & Consumer Commission's statement of issues is attached; the agency's statement follows: ...

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