Steris/Synergy a Decade Out: A Retrospective Assessment
Update: 2025-08-05
Description
In this episode, Capitol Forum’s Nate Soderstrom sits down with Jeremy Sanford, partner at Econic Partners and former FTC economist, to discuss his new paper on the 2015 Steris/Synergy merger—a key potential competition case that was litigated but allowed to proceed.
Jeremy walks through:
Why the FTC brought the case
-The court’s reasoning in denying the injunction
-What we’ve learned from 10 years of post-merger evidence
-How this case fits into broader merger enforcement and guideline updates
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