Canadian Competition Commissioner Melanie Aitken won an order today forcing CCS Corp. to sell a hazardous-waste landfill site, which she said marks the first such challenge since 2005 and sets a precedent for future disputes.
The ruling today by the country’s competition tribunal requires the company to sell the Babkirk site, an asset acquired when it bought Complete Environmental Inc. The purchase would have reduced competition in northeast British Columbia, according to a statement from the commissioner’s office.
“We would far prefer to resolve matters consensually,” Aitken said in a telephone interview from Toronto. “If we have to protect competition we won’t hesitate to take something to court.”
CCS Corp. in March was renamed along with other business units as Tervita Corp. The closely held company is based in Calgary.
“While we are disappointed in the decision reached by the tribunal, it is a lengthy decision involving a consideration of several novel legal issues,” company representative Mandy Dinning wrote in an e-mail. “We will take the time to review it thoroughly with a view toward determining whether the pursuit of a successful appeal would be available to us.”
Aitken declined to comment on her review of the takeover bid for TMX Group Inc. by Canadian banks and pension funds.
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