Government Files Antitrust Suit against Stericycle

The merging of Stericycle and Healthcare Waste Solutions would reduce competition and increase customer cost, according to the New York attorney general. Apr 11, 2011 New York joined the U.S. Justice Department in filing an antitrust lawsuit in the U.S. District Court for the District of Columbia challenging the planned acquisition by Stericycle, a medical waste services company of Healthcare Waste Solutions Inc. (HSW), according to a press release from the office of Attorney General Eric T. Schneiderman. “Restoring New Yorkers’ faith in the private sector requires real competition and fair prices,” said Schneiderman. “The New York City metropolitan area is the largest market in the nation for medical waste services, making it all the more critical that there is genuine competition and that one company is unable to set arbitrary prices.” (More....)