After months of battling with federal regulators – including contentious meetings, a lawsuit and a federal injunction – food distributor Sysco has dropped its plan to merge with rival U.S. Foods. [More]
foodservice voltron
Federal Judge Blocks Formation Of Foodservice Supply Voltron
By 6.23.15
Sysco and US Foods, the two biggest national foodservice suppliers, want to merge, and the meanies at the Federal Trade Commission won’t let them. Regulators think this merger would be bad for the companies’ customers–and their customers are food service institutions ranging from the most humble snack bars to the fanciest restaurants. Back in February, the FTC sued to stop the merger, and today a federal judge has issued a preliminary injunction blocking it. [More]
