In the Matter of Staples/Essendant, Inc., File No. 1810180 #00635

Submission Number:
00635
Commenter:
Laurie Doscher
State:
Oregon
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
Stop the Staples merger. Staples has already been closing stores and cutting jobs, my local area no longer has a Staples store. If this merger goes through, matters will get much worse. This seems like what happened to Sears and Toys R Us. Private equity related mergers deserve heightened scrutiny as private equity funds often remove companies from the markets in which they were situated at time of acquisition, or drastically reduce the scale of their operations, leading to anti-competitive outcomes by reducing the number and scope of firms in a given market.