In the Matter of Staples/Essendant, Inc., File No. 1810180 #00237

Submission Number:
00237
Commenter:
David Morris
State:
California
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
Is the Staples/ Essendant merger not an unacceptable threat to competition? All private equity-related mergers are in need of heightened scrutiny, since private equity funds typically remove companies from the very markets in which they were situated at the time of acquisition-- or they drastically reduce the scale of their operations, leading to anti-competitive outcomes by reducing the number and scope of firms in a given market. This strategy has clearly become more typical of private equity funds during the past few years. The FTC needs to stop this merger and others like it.