Case Details

Year Initiated/Committed

2003

Year Resolved

2003

Settlement Amount

$50,000 costs

Court

Superior Court of Suffolk, Massachusetts; Conn. none

Docket Number

03-0124; Conn. none

Lead State

CT, MA

Participating States

CT, MA

Defendant(s)

Stericycle Inc., Scherer Healthcare, Inc

Case Description

Plaintiff States sought to enjoin the merger between Stericycle and Scherer, alleging that the consummation of the merger would significantly impair competition for the sale of medical waste hauling, transfer and processing services in New England. In exchange for permitting the merger, Stericycle agreed to divest certain assets, namely the Haverhill Transfer Station, in
order to maintain viable competition in the medical waste disposal market. Additionally, Stericycle agreed to pay the sum of $25,000 to the Office of the Connecticut Attorney General for the costs of the investigation and attorneys fees.