July 10, 2015

4 Things You Should Know About FTC v. Sysco

On June 29, Sysco terminated its agreement to merge with U.S. Foods, days after the U.S. District Court for the District of Columbia granted the Federal Trade Commission’s (FTC) request for an injunction to block the deal. Emily Chow, Faegre Baker Daniels associate, delved deep into the decision—and what it means for businesses—in an article published in Law360.

“In a long opinion heavy on cites to the record,” Chow wrote, “the court found that the proposed merger, which would eliminate [U.S. Foods], was likely to result in high market concentrations in two relevant markets — broadline foodservice distribution to national customers and broadline foodservice distribution to local customers.”

Full Article

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