In the Matter of Staples/Essendant, Inc., File No. 1810180 #00446

Submission Number:
00446
Commenter:
Norman Daoust
State:
Massachusetts
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
I am writing in opposition to the proposed Staples/Essendant merger. This would effectively create a monopoly for office supply products. Mergers proposed by private equity funds deserve increased scrutiny. Private equity funds historically attempt to eliminate competition. Their track record is one of employee layoffs, increased debt for the companies, and frequently the eventual failure of the company. This is not good for consumers or employees of the company. For these reasons, I urge you to not approve the proposed Staples/Essendant merger.