In the Matter of Staples/Essendant, Inc., File No. 1810180 #03324

Submission Number:
03324
Commenter:
Druie Cavender
State:
South Carolina
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
I am writing to ask that the FTC blocks the proposed Staples/Essendant merger as it presents an unacceptable threat to the free market and competition. After the previous severe recession in our country, private equity funds have apparently turned to acquisitions to increase profits; however, this typically comes at the expense of a company's ability to compete and to retain employees. Companies become overwhelmed by debt and are unable to survive. Please stop the anti-competitive Staples/Essendant merger and continue to carefully scrutinize the corrupt practices of private equity firms.