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US: Markets definition key in Sysco-US Foods merger

By  |  May 6, 2015

The food distribution market will play a key role in the fate of the $3.5 billion merger between Sysco and US Foods, says the federal judge overseeing this week’s hearing between the two companies and the FTC. The FTC is looking to block the merger.

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    In its opening statement, the FTC described the merger as being a hindrance to competition in the food distribution market.

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    US District Judge Amit Mehta was active during the opening statements, posing questions and making statements several times to both sides to explain the thoughts behind his decision-making process in the hearing.

     

    Full content: The Wall Street Journal

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