Downer EDI Ltd

DOW: XASX (AUS)
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Ventia and Downer: Accusations of Collusion Likely of Limited Impact.

The Australian Competition and Consumer Commission alleges that no-moat Ventia and Spotless facility services, a subsidiary of no-moat Downer, have been involved in price fixing relating to estate management for the Department of Defence. The proceedings also allege senior executives of both companies are involved in the alleged misconduct.

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