Warren warns against Sysco-Restaurant Depot merger

Democratic Sen. Elizabeth Warren (Mass.) on Sunday warned against a merger between Sysco and Restaurant Depot, arguing it could lead to an increase in restaurant prices.

“Watch out: going out to eat at your favorite restaurant could become even more expensive,” Warren wrote on the social platform X. “The Trump administration might approve a merger between Sysco and Restaurant Depot — threatening higher supply costs for small businesses and higher prices for you.”

Warren is the top Democrat on the Senate Banking, Housing and Urban Affairs Committee, and she is in line to chair the panel if her party takes control of the upper chamber in November.

Sysco, a multinational food distributor, agreed in March to purchase Restaurant Depot, which supplies food to independent operators.

Under the $29.1 billion deal, Restaurant Depot shareholders will receive $21.6 billion in cash proceeds and 91.5........

© The Hill