Meg Guerin-Calvert, supported by a Compass Lexecon team including Theresa Sullivan, Jeff Raileanu, Katie Milliken, and Matt Schmitt provided economic analysis in the proposed acquisition of MedServe by Stericycle in the medical waste collection, transportation, and treatment industry. The focus of the work was on relevant geographic markets, competitors, and entry potential in the West and Midwest. Compass Lexecon supported the parties in close coordination with their counsel throughout the second-request process, contributed analysis to written submissions to the Department of Justice, and participated in presentations before the agency. The deal was cleared subject to the divestiture of certain MedServe assets (a Kansas treatment facility and related assets). Stericycle was represented by David Clanton, David Laing, and Brian Burke of Baker & McKenzie, and MedServe was represented by Sean Boland and Allen Bachman of Howrey LLP.