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Business, 12.08.2019 20:30 kenxkeith

N 2013, the u. s. federal trade commission allowed the number two and number three office supply companies, officemax inc. and office depot inc., to merge. office depot's market value was $1.3 billion, and officemax's was $933 million. reportedly, the efficiency gains from merging would save the new company between $400 and $500 million. however, in 2015, the u. s. federal trade commission (ftc) was considering a possible lawsuit to block a merger valued at $6.3 billion between office depot and staples, the largest office supply company. why might the ftc permit the earlier merger attempt but not the staples-office depot merger?

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