Following a public comment period, the Federal Trade Commission has approved a final order settling charges that US Foods, Inc.’s proposed $1.8 billion acquisition of Services Group of America, Inc. would violate federal antitrust law. According to the complaint, which was first announced in September 2019, the acquisition as proposed would likely harm competition for broadline […]
Tag Archives: Food and Beverages Bureau of Competition Competition Merger
FTC Requires Divestitures and Imposes Conditions on US Foods Holding Corp.’s Acquisition of Services Group of America, Inc.
Food distributor US Foods, Inc. has agreed to divest assets to settle Federal Trade Commission charges that US Foods, Inc.’s proposed $1.8 billion acquisition of Services Group of America, Inc. would violate federal antitrust law. Broadline foodservice distribution involves the sale and distribution of a broad range of food and foodservice-related products to customers who serve […]
FTC Requires Divestitures and Imposes Conditions on US Foods Holding Corp.’s Acquisition of Services Group of America, Inc.
Food distributor US Foods, Inc. has agreed to divest assets to settle Federal Trade Commission charges that US Foods, Inc.’s proposed $1.8 billion acquisition of Services Group of America, Inc. would violate federal antitrust law. Broadline foodservice distribution involves the sale and distribution of a broad range of food and foodservice-related products to customers who serve […]