In the Matter of Staples/Essendant, Inc., File No. 1810180 #02732

Submission Number:
02732
Commenter:
Linda Mintun
State:
Washington
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
Please do not authorize the Staples merger. It will only benefit CEOs and stockholders by eliminating healthy competition. They gut companies,fill them with debt and then sell or close.This was the case of Toys R Us. It was a successful business yet after the merger,thousands of people lost their jobs,the company closed. It was a real loss because it was a unique store,catering to children of all ages.Now its gone. We cant allow the rich to monopolize succesful companies. Please do not allow the merger. They hurt people and their communities.