A PYMNTS Company

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.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

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

    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

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.