In the Matter of Staples/Essendant, Inc., File No. 1810180 #00601

Submission Number:
00601
Commenter:
Alex Brown
State:
Vermont
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
I encourage you to block the proposed merger of Staples and Essendant. It will result in a significant reduction in competition, and increased prices to business and personal purchasers of office supplies. Further, because Staples is owned by Sycamore, a private equity firm, the merger is intended as an anti-competitive method that will raise prices and then allow Sycamore to reduce the operational scale of Staples, including workforce layoffs. The FTC is charged with serving the national economic interest, and this merger is not in the national interest. I have to rely on the FTC to keep the national economy healthy, so please take this responsibility seriously and scrutinize the objectives of private equity in this matter. Thank you.