Suez: Veolia Environment

(asked on 19th April 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what discussions they have had about possible anti-trust issues following Veolia's agreement to acquire SUEZ Group.

Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 28th April 2021

Competition investigations into mergers are a matter for the Competition and Markets Authority (CMA), which is an independent non-Ministerial department. In the normal course of an investigation, the CMA may reach out to relevant stakeholders, including other regulators or relevant government departments to assist in its understanding of the market. The CMA is currently considering whether to refer Veolia’s acquisition of a minority shareholding in Suez and Veolia’s proposed public takeover bid for the remaining share capital of Suez for an in-depth review. The CMA will publish updates on its review of this transaction on its website.

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