Merger Update: Stryker/Wright

CMA invites comments on orthopaedic medical devices merger remedy:

The Competition and Markets Authority (CMA) has opened a consultation on undertakings proposed by Stryker Corporation to address competition concerns over its acquisition of Wright Medical Group N.V.

On 30 June 2020, the CMA announced that it would refer the acquisition for an in-depth investigation unless Stryker offered acceptable undertakings to address the CMA's concerns.

To address the CMA's concerns, Stryker has offered undertakings to divest Stryker's Scandinavian Total Ankle Replacement (STAR) product and related assets. 

On 14 July 2020, the CMA announced that it would look in detail at these undertakings. On 21 August 2020, the CMA has extended the consideration of undertakings in lieu until 4 November 2020. The CMA has until until 4 November 2020 to consider whether to accept the undertakings, or a modified version of them. As part of this process, the CMA is now consulting publicly on whether the proposals are sufficient to address the CMA's competition concerns.

Before reaching a final decision, the CMA is therefore inviting interested parties to make their views known. The deadline for responses is 16 September 2020.

The consultation on the undertakings and all other information relating to this merger investigation can be found on the case page at https://www.gov.uk/cma-cases.

In the event of media enquiries please email Press@cma.gov.uk or call 020 3738 6191.