In the Matter of Staples/Essendant, Inc., File No. 1810180 #00560

Submission Number:
00560
Commenter:
Norman Rehn
State:
Massachusetts
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
I believe that the proposed merger of Staples with a competitor will reduce competition and not be in the best interest of the country. Sycamore Partners, the firm that owns Staples, has already shut down most Nine West stores and picked apart companies like Hot Topic and Aeropostale to try to extract as much value as possible. I expect this private equity firm to do the same with other competitors of Staples if these mergers are allowed.