In the Matter of Staples/Essendant, Inc., File No. 1810180 #01114

Submission Number:
01114
Commenter:
Young
State:
Colorado
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
The Staples/Essendant merger would further reduce competition in the marketplace and should be blocked by the FTC. These mergers and acquisitions by private equity funds rarely benefit consumers and come at the expense of a company's ability to compete, retain market share, or retain employees in order to increase profits for the investors. 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.