FTC may challenge Sysco-US Foods merger
SEAFOODNEWS.COM [Wall Street Journal] By Brent Kendall and Annie Gasparro - September 23, 2014 -
The Federal Trade Commission is considering a possible antitrust lawsuit to block the planned merger of Sysco Corp. and US Foods Inc., concerned that combining the nation's two biggest food suppliers to restaurants, schools and other institutions could threaten competition, according to people familiar with the matter.
The FTC, which has been investigating the merger for several months, is weighing other alternatives, such as requiring Sysco and US Foods to divest assets to competitors, these people said.
The commission hasn't yet decided whether to challenge the deal but...
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