Canada Watchdog Wins Divestiture In CCS Merger Challenge

Law360, New York (May 29, 2012, 9:23 PM EDT) -- Canada’s Competition Tribunal on Tuesday ruled in favor of the country's antitrust watchdog in the regulator's first merger challenge in seven years, ordering CCS Corp. to sell off a hazardous waste landfill site in northeastern British Columbia as part of its buyout of a rival.

The Competition Bureau lodged an application with the tribunal over a year ago challenging CCS Corp.'s acquisition of Complete Environmental Inc., which owns the Babkirk hazardous waste landfill site, the bureau says.

The regulator maintained that the buyout of Complete Environmental...
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