Legal News

Federal Trade Commission Blocks Staples, Office Depot Merger
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Staples Office Depot Max

Summary: The number one and two office supply companies are attempting to merge, but the Federal Trade Commission has filed a lawsuit to block the deal.

The Federal Trade Commission is stepping in to block another merger between two companies. Office supply companies Staples and Office Depot had planned for a $6.3 billion merger before the FTC sued to block the plan, citing that the combination of companies would reduce competition significantly of consumable office supplies.


The regulator of the suit states that Framingham, Massachusetts based Staples and Boca Raton, Florida based Office Depot are each other’s closest competitors, often competing against each other for the business of large companies as well as the sale of items like sticky notes, pens, paper, and paper clips.

Staples and Office Depot disagree with this argument, releasing a joint statement that the analysis was flawed and misunderstands the office supply industry, stating the FTC “will hurt customers of both companies and jeopardize our ability to compete in a rapidly evolving marketplace.” They say the biggest competitors for both companies are online marketplaces like Amazon and cheaper retailers like Walmart.

Staples and Office Depot have been trying for years to merge, but keep getting blocked. However, just two years ago Office Depot and Office Max were allowed to merge in a $1.2 billion deal.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

Both companies report declining revenues, forcing them to cut staff and close stores. They argue that together they can lower prices for consumers as a stronger, united company.





Associate Attorney, Insurance Coverage

USA-CA-San Diego

Full Job Description Position Summary: Robertson & Associates, APC, a small, well-establishe...

Apply now

Real Estate Paralegal


If you are looking for a fast paced and challenging position, a busy lower Cape Cod law firm has an ...

Apply now

Legal Assistant / Receptionist


Full Job Description We are and small, but quickly growing, law firm looking for an individual to...

Apply now

Attorney in NY who is a member of the Florida Bar


Full Job Description Cohen & Mizrahi LLP Full time position; 9:30am - 6:30pm. Requirement: ...

Apply now




Search Now

Junior Associate Attorney

USA-CA-Beverly Hills

Beverly Hills office of our client seeks a junior associate attorney with experience in complex liti...

Apply Now

Capital Markets Associate Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search Top Ranked Law Firm seeks capital markets associate at...

Apply Now

Litigation Lawyer


Tucker office of a BCG Attorney Search Top Ranked Law Firm seeks lawyer with 1-2 years of experience...

Apply Now

Most Popular


To Top