Competition Bureau reaches agreement with GFL
by CM Staff
The commissioner stated that it is pleased to arrive at a negotiated resolution at an early stage of the litigation process.
GATINEAU — The Competition Bureau has reached an agreement with GFL Environmental Inc. to resolve litigation related to its purchase of Terrapure Environmental Ltd.
On November of last year the bureau had challenged the acquisition before the Competition Tribunal after concluding that it had likely lessened competition in the markets for industrial waste services and oil recycling services in western Canada.
The bureau had filed an application for a court order requiring GFL to sell any assets necessary to remedy the lessening of competition resulting from the acquisition.
The agreement is the result of the mediation process available in all Tribunal proceedings. A statement from the Competition Bureau says the mediator was a judicial member of the Competition Tribunal, Jocelyne Gagné, Associate Chief Justice of the Federal Court.
To resolve the Bureau’s concerns, GFL has agreed to sell seven of its IWS and ORS facilities to a buyer acceptable to the commissioner. These facilities are located in the following regions:
Prince George, B.C.
Big Valley, Alta.
Lloydminster, Alta. and
The commissioner stated that it is pleased to arrive at a negotiated resolution at an early stage of the litigation process, adding that this agreement is necessary to preserve competition and Canadian businesses will benefit as a result.