Supreme Court dismisses Secure Energy’s application to appeal the successful challenge of Secure and Tervita merger

Summary:

The Supreme Court of Canada has dismissed Secure Energy's application to appeal the successful challenge of the Secure and Tervita merger by the Competition Bureau. The merger, which was deemed to harm competition in Western Canada, was ordered to be overturned, and Secure Energy was required to sell 29 facilities to resolve the issue. The Competition Bureau has since approved R360 Environmental Solutions Canada Inc. as the buyer of the facilities, restoring competition in the oilfield waste services market in Western Canada.