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Stryker and Wright Medical, In the Matter of

C-4728 | Federal Trade Commission

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Filed Nov. 3, 2020
Case Flags Health Care, Medical Equipment and Devices, Competition, Merger, Horizontal, and Bureau of Competition
FTC Matter/File Number 201 0014
Case Summary
The Federal Trade Commission required medical device companies Stryker Corp. and Wright Medical Group N.V. to divest all assets related to Stryker’s total ankle replacements and finger joint implant products to remedy concerns, as alleged in the complaint, that Stryker’s proposed $4 billion acquisition of Wright would harm competition in these two markets. Under the consent order, Stryker and Wright must divest all assets associated with Stryker’s total ankle replacements and finger joint implants to DJO Global, allowing it to become an independent, viable, and effective competitor in these markets. After a period for public comment, the Commission issued its final order on December 11, 2020.
Case Type Administrative
Last Updated: 2 years, 9 months ago
Filing Date # Docket Text