In the Matter of Staples/Essendant, Inc., File No. 1810180 #00693

Submission Number:
00693
Commenter:
Julie Nye
State:
North Carolina
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
The FTC must block the Staples/Essendant merger and generally scrutinize the anti-competitive practices of private equity when assessing private equity-driven mergers. The Staples/Essendant merger presents a threat to competition. Mergers initiated with private equity should be ESPECIALLY carefully investigated due to the risk of the acquired company being shut down or scaled back significantly, thus limiting competition in the market. This tactic may generate profits for investors, but at the expense of the company's ability to compete, retain market share, or retain employees.