U.S. DOJ, Missouri and Nebraska filed complaint alleging that acquisition of Medserve by Stericycle would substantially lessen competition in infectious waste collection and treatment services to hospitals and other critical healthcare facilities in Kansas, Missouri, Nebraska and Oklahoma, resulting in higher prices and reduced service. The parties reached a settlement under which Stericycle and MedServe must divest all of MedServe’s assets primarily used in the provision of infectious waste collection and treatment services to large customers in Kansas, Missouri, Nebraska and Oklahoma to a viable purchaser approved by DOJ after consultation with the states. These assets include MedServe’s Newton, Kan., treatment facility, and its transfer stations in Kansas City, Kan., Oklahoma City, Omaha, Neb., and Booneville, Mo. Notice of future acquisitions must be provided to the plaintiffs.
This settlement agreement was entered into by the State of Florida and Browning Ferris Industries, Inc. (BFI) as a supplement to the consented Final Judgment reached in United States, State of Florida, and State of Maryland v. Browning Ferris Industries, Inc. This settlement agreement addresses the collection and disposal of MedX’s or BFI’s Medical Waste, and addresses Residential Contracts with public entities.