Green Innovation: A Company That Picks Up Your Trash And Pays Yo. Firm Admits to Price-Fixing in Trash Business. A major trash-hauling firm has confessed to involvement in a criminal price-fixing scheme in Orange County and agreed to cooperate in a widening grand jury investigation of bid-rigging in Southern California, federal officials said Monday.
GSX Corp. has admitted conspiring with other as-yet-unnamed firms to obtain $3.6 million in commercial and industrial trash-hauling business through illegal bid-rigging in 1986. The company has agreed to plead guilty to violating federal antitrust laws and pay a $500,000 fine. Turning One Company’s Trash Into Another’s Treasure, RecycleMatch Brings Site Out Of Beta, Hires New CEO. Today, RecycleMatch — a Houston-based startup that helps businesses sell or give away stuff to recyclers and manufacturers so that they don’t have to send it to a landfill — took its online marketplace out of beta, unveiling several new features and services.
If the site performs as hoped, RecycleMatch could become the Alibaba, eBay or Amazon of waste-management and manufacturing, while helping just about any company improve its sustainability profile. Among the materials RecycleMatch helps businesses take out of the landfill-bound waste stream are: “commodity recyclables” including paper, steel, plastic and glass; wastewater; consumer electronics and business equipment (a.k.a. e-waste); and food waste. How do you “recycle” food waste, exactly? [ed: Besides throwing overripe tomatoes around in Valencia, Spain's famous annual Tomato Battle...]