In the Matter of Staples/Essendant, Inc., File No. 1810180 #00438

Submission Number:
00438
Commenter:
Susan Babbitt
State:
Pennsylvania
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
The FTC should block the Staples/Essendant merger, which endangers competition. After the great recession, private equity funds have turned to acquisitions to increase profits but this routinely comes at the expense of a company's ability to compete, retain market share, or retain employees. Companies get loaded up with debt and are unable to survive. Please stop this merger and pay attention to the anti-competitive practices of private equity when assessing private equity-driven mergers.