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FEDERAL TRADE COMMISSION et al v. SYSCO CORPORATION et al

  1. June 29, 2015

    3 Takeaways From FTC's Victory In Sysco Merger Challenge

    The Federal Trade Commission's victory last week convincing a D.C. judge to block Sysco Corp. and US Foods Inc.'s $3.5 billion merger underscores the value of internal documents, backs the government's bid to use customers to define a national product market and offers guidance about why a proposed divestiture plan may not save the day. Here, experts share key lessons from the case.

  2. June 29, 2015

    Market Definition Doomed $3.5B Sysco Merger, Judge Explains

    A D.C. federal judge explained Friday that he blocked the $3.5 billion merger between Sysco Corp. and US Foods Inc. after reasoning that a host of other types of food distributors were not true competitors to the rivals' broadline service.

  3. June 29, 2015

    Sysco, US Foods Pull Plug On $3.5B Merger

    Sysco Corp. said Monday it was abandoning its $3.5 billion proposed merger with US Foods Inc. less than a week after a D.C. federal judge concluded the Federal Trade Commission could likely prove the tie-up would thwart competition and preliminarily blocked the deal.

  4. June 23, 2015

    FTC Wins Bid To Halt $3.5B Sysco-US Foods Merger

    A D.C. federal judge blocked Sysco Corp. from going forward with its $3.5 billion merger with US Foods Inc., ruling Tuesday that the Federal Trade Commission could likely prove the deal would thwart competition even if the companies sold 11 distribution centers to their next-largest rival.

  5. May 14, 2015

    FTC Blasts US Foods, Sysco Deal $1B Savings Estimate

    Most of the purported $1 billion in cost cuts from the proposed $3.5 billion Sysco Corp. and U.S. Foods merger can come separate from the deal, and are dwarfed by the harm of the two coming together, according to a pair of Federal Trade Commission witnesses testifying Thursday.

  6. May 13, 2015

    Sysco, US Foods Take FTC Expert To Task In Merger Row

    Economists defending the proposed $3.5 billion merger of Sysco Corp. and US Foods on Wednesday lambasted a Federal Trade Commission expert report discouraging the deal, saying in D.C. federal court that the report used flawed methods and overstated the deal's harm to consumers.

  7. May 12, 2015

    Sysco, US Foods Say Merger Won't Limit Customers' Options

    Sysco Corp. and US Foods Corp. executives refuted Federal Trade Commission allegations their $3.5 billion merger would harm consumers Tuesday, telling a Washington, D.C., federal judge their restaurant, hospital and government clients wouldn't lose the ability to play competing food distributors against one another to gain the best prices.

  8. May 11, 2015

    US Foods May Torch $3.5B Sysco Merger If FTC Pauses Deal

    A US Foods Inc. official told a D.C. federal judge on Monday that the company may drop out of its proposed $3.5 billion Sysco Corp. merger if the Federal Trade Commission succeeds in temporarily blocking the deal.

  9. May 08, 2015

    FTC Witness Paints Sysco, US Foods As Main Competitors

    A Federal Trade Commission witness said a merged Sysco Corp. and U.S. Foods Corp. could have more than two-thirds of the national food distribution market, boosting the agency's argument for a preliminary injunction against the $3.5 billion deal in a DC federal court Friday.

  10. May 07, 2015

    Sysco Rival Says $3.5B Merger Won't Hurt Biz As FTC Claims

    Performance Food Group Co.'s CEO undermined the Federal Trade Commission's attempt to block Sysco Corp. and U.S. Foods Inc.'s proposed $3.5 billion merger on Thursday, telling a D.C. federal judge his company will expand to compete with the new giant.

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