In the Matter of Staples/Essendant, Inc., File No. 1810180 #01224

Submission Number:
01224
Commenter:
Deborah Crosset
State:
Connecticut
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
I am writing to ask that you--the FTC--stop the Staples merger. Private equity fund mergers are not done to help the company they merge with but to drain the merged company of its resources, let the employees go with little or no severance pay, and let the company fail. This is done to enrich the private equity owners at the expense of everyone involved, including the customers, and also to get rid of competition. None of this is a fair way to run a business or to protect and encourage our economy. Please do your best to see that private equity fund mergers are not allowed to injure our economy, and specifically stop the Staples merger. Thank you.