Federal Trade Commission Bureau of Competition Director Debbie Feinstein issued the following statement regarding the U.S. District Court ruling today granting the FTC’s request for a preliminary injunction in the proposed merger of Sysco and U.S. Foods:
“The Court’s ruling today temporarily blocking Sysco’s proposed acquisition of US Foods will preserve competition in both local and national broadline foodservice distribution markets. We look forward to proving at trial that this deal would lead to higher prices and diminished service for customers, including restaurants, hospitals, hotels, and schools.”
The FTC’s Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action. To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to antitrust{at}ftc{dot}gov, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 600 Pennsylvania Ave., NW, Room CC-5422, Washington, DC 20580. To learn more about the Bureau of Competition, read Competition Counts. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.