The American Antitrust Institute, a nonprofit research and advocacy organization, has asked the Federal Trade Commission to take a deep and critical look at the proposed $6.3 billion merger between Boca Raton-based Office Depot and Framingham, Mass.-based Staples.
The institute issued a white paper titled “The Proposed Merger of Staples and Office Depot: Lessons from History and New Competitive Concerns.” The paper urges the FTC to carefully scrutinize the competitive impact of the proposed $6.3 billion Staples-Office Depot merger.
“This is a watershed deal for antitrust,” said Diana Moss, the institute’s president. “The proposed merger raises a number of threshold questions.”
The white paper warns that the deal’s biggest threat could be to the merging companies’ biggest customers: national and multiregional businesses that buy office supplies through negotiated long-term contracts.
Full content: Benzinga
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 2024 by
CPI
EU to Scrutinize Telecom Italia’s Network Sale to KKR
May 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI