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The Netherlands Authority for Consumers and Markets (ACM) has prohibited waste management firm Afvalprocessing Rijnmond from taking over Amsterdam waste processor AEB. The acquisition would create a company that is too powerful and would lead to higher prices, possibly increasing the cost of household waste processing, if the takeover were allowed to go through, the ACM said.
The Netherlands Authority for Consumers and Markets (ACM) has prohibited waste management firm Afvalprocessing Rijnmond from taking over Amsterdam waste processor AEB. The acquisition would create a company that is too powerful and would lead to higher prices, possibly increasing the cost of household waste processing, if the takeover were allowed to go through, the ACM said.