2023-10-17 17:18:28
In Mediouna, the Lyonnaise water treatment plant for Casablanca (Lydec), a former subsidiary of Suez. Abdelhak SENNA/REA/Abdelhak SENNA/REA
INFO LE FIGARO – The Kingdom’s Competition Council criticizes the French group for not having sold Lyonnaise des Eaux de Casablanca to its rival.
Formerly a subsidiary of Suez and now owned by Veolia, Lyonnaise des Eaux de Casablanca is at the center of antitrust concerns in the Cherifian kingdom. The Competition Council of Morocco has just called Veolia to order, which did not respect a decision taken just two years ago.
The affair dates back to the takeover of the majority of Suez’s activities by its rival Veolia, effective since January 2022. This operation, successful at the end of a long battle between the two French enemy brothers in water and waste treatment, was conditioned to the authorization of numerous competition authorities around the world, taking into account the international scope of the two groups: European, American, Chinese, Australian or British, to name the most anticipated…
Also read: Bertille Bayart: “Veolia-Suez: knowing how to end a war”
A sale that lasts
That of the Competition Council of Morocco was undoubtedly less so, but it proved necessary, given the activities located in the Sherifian kingdom. Veolia was responsible for managing…
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