In the Matter of Staples/Essendant, Inc., File No. 1810180 #01107

Submission Number:
01107
Commenter:
E Harris
State:
Pennsylvania
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
The FTC must block the Staples/Essendant merger. This merger would create an unacceptable threat to competition. Private equity related mergers must have heightened scrutiny as private equity funds often cannibalize large companies which leads to anti-competitive outcomes by reducing the number and scope of firms in a given market. Often in a great shell game companies get loaded up with debt and are unable to survive. The FTC needs to stop the Staples/Essendant merger and generally scrutinize the anti-competitive practices of private equity when assessing private equity-driven mergers.