Democratic Lawmakers Urge FTC to Examine Restaurant Depot Deal

Democratic lawmakers have requested the Federal Trade Commission (FTC) to investigate Sysco’s proposed acquisition of Jetro Restaurant Depot. The deal, valued at $29.1 billion, involves Sysco, a leading food distribution company, purchasing Jetro Restaurant Depot, another major player in the wholesale market.

Critics express concern that this acquisition could negatively impact the restaurant industry. They fear that the merger might result in increased prices and limited product availability, which could ultimately lead to the closure of numerous restaurants.

Independent restaurant owners have been vocal in their opposition since the announcement in March. They argue that the acquisition could consolidate market power in the hands of Sysco, potentially reducing competition and consumer choice.