The U.S. government is requiring Waste Management and Allied to divest commercial waste-hauling and disposal assets in order to proceed with an asset sale. The department says the transaction, as originally proposed, would have led to higher prices for waste collection or disposal in certain metropolitan areas. The areas are Pitkin County, Colo.; Garfield County, Colo.; Augusta, Ga.; Myrtle Beach, S.C.; Morris County, N.J.; Bergen and Passaic counties, N.J.; and Tulsa and Muskogee, Okla. Under the decree, Waste Management must divest waste collection operations in Pitkin County, Garfield County, Augusta, Myrtle Beach, Morris County, and Bergen and Passaic counties. Waste Management also will be required to divest waste disposal operations serving Bergen and Passaic counties. In addition, Waste Management will abandon its purchase of Allied's waste collection assets and Porter Landfill in Tulsa.
More information: www.usdoj.gov.