CMA publishes its final report on the Veolia / Suez merger

The Competition and Markets Authority has concluded its Phase 2 inquiry into the merger between Veolia and Suez - two global leaders in waste and water management.

The inquiry group, of which DT Economics Managing Partner David Thomas was a member, found that Veolia must sell three overlapping businesses. The merger was found to risk a substantial lessening of competition across multiple waste and water markets. The outcome mirrors conclusions reached by other competition authorities, including the European Commission and the Australian Competition and Consumer Commission, which also mandated significant divestments.

The summary of the final report is available via the link below.

https://assets.publishing.service.gov.uk/media/63061303d3bf7f365dd488fa/Veolia_Suez_Summary_.pdf