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US: Deal with Amazon might save Staples-Office Depot merger

By  |  March 17, 2016

Office Depot has been the center of various M&A chatter lately, with most of the conversations focusing on a pending acquisition by Staples.

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    However, earlier in the month, news began to circulate that the US Federal Trade Commission was seeking to obstruct the deal. Despite the merger’s approval (with concessions), the FTC’s complaints highlighted a potential monopoly situation where the proposed merger would both stifle competition and raise customer prices. The suit began in December, with ruling to begin in March and a ruling due May 10.

    Staples has publicized that an alternative is being developed, as this marks the second time the FTC has stepped in between Staples and Office Depot on M&A talks.

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