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FTC challenges Sysco-US Foods merger

Attempt to block merger comes on grounds it would create higher prices for customers, is joined by state attorney generals in eleven states

By Undercurrent News | Feb. 19, 2015 19:03 GMT
Sysco hits back at FTC with court filing opposing injunction
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FTC Sysco/US Foods vote announcement reportedly could come today

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After a tight 3-2 vote in favor of blocking the Sysco-US Foods merger, the US Federal Trade Commission (FTC) filed an administrative complaint against the deal on Thursday, alleging it would violate antitrust laws [...]

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