Washington, Aug. 26 -- Congressman Maxwell Alejandro Frost issued the following press release:
Today, Congressman Maxwell Alejandro Frost (FL-10) and Congressman Jerry Nadler (NY-12) are calling on the Department of Justice (DOJ) and Federal Trade Commission (FTC) to closely scrutinize Sysco's proposed $29.1 billion acquisition of Restaurant Depot and investigate its potential anticompetitive effects. In the letter sent to the DOJ and FTC, the Congressmen warn that the deal could reduce competition, drive up costs for independent restaurants, and ultimately make dining out more expensive for consumers
Restaurant Depot currently operates 166 locations across 35 states and serves more than 700,000 restaurants and food service operators. As ...