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Federal Trade Commission Bureau of Competition Director Debbie Feinstein issued this statement following the announcement from Sysco and U.S. Foods that they will abandon their proposed merger:

“Sysco and U.S. Foods’ decision to abandon the transaction is a victory for both competition and consumers. The evidence shows that Sysco and US Foods were strong rivals in broadline food distribution whose combination would have harmed consumers.”

The FTC’s Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action. To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to antitrust{at}ftc{dot}gov, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 600 Pennsylvania Ave., NW, Room CC-5422, Washington, DC 20580. To learn more about the Bureau of Competition, read Competition Counts. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.