Ten State Plus DC Attorneys General Joined in FTC Injunction Against Sysco-US Foods Merger
SEAFOODNEWS.COM [Restaurant Business] By Peter Romeo - February 25, 2015 -
The attorneys general of 10 states and the District of Columbia have joined the Federal Trade Commission in asking a federal court for a temporary injunction to halt the merger of Sysco and US Foods, the restaurant industry’s two largest distributors.
The chief legal officers of several states participating in the action alleged in individual statements that the merger of Sysco and US Foods would stifle competition.
Tennessee Attorney General Herbert Slatery, for instance, said a combined Sysco-US Foods would control 81 percent of Memphis’ distribution market. Virginia Attorney General Mark Herring said the new distribution giant would have a handle on 62 percent of the foodservice supplies flowing into the communities of Roanoke, Blacksburg and Lexington...
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