For Immediate Release 05/10/2016 – The following statement is from Mark Dimondstein, president of the American Postal Workers Union: “U.S. District Court Judge Emmet Sullivan made the right call today, upholding the Federal Trade Commission’s decision to block a deeply flawed merger between Staples and Office Depot. “Starting the day this bad deal was unveiled,…
Staples and Office Depot, One Year Later American Postal Workers Union Reaches Out To EU Allies as Companies Attempt to Save Stalled Effort to Create Office-Supply Monopoly For Immediate Release 02/04/2016 – Exactly one year after Staples and Office Depot announced a merger plan that would create a dominant office-supply store monopoly in the United…
By Phil Wahba – December 21, 2015 Staplesâ revised $5.5 billion bid to buy rival Office Depot was rejected by the U.S. Federal Trade Commission, the company said on Monday, thwarting again its attempt to create a larger entity better able to contend with the major changes reshaping the office supplies market. Seeking to mollify…
Web News Article #: 226-2015 12/07/2015 – The Federal Trade Commission (FTC) announced today that it would seek to stop the proposed merger of Staples and Office Depot, the nationâs largest and second-largest office-supply chains. The agency filed an âadministrative complaintâ charging that Staplesâ proposed $6.3 billion takeover of Office Depot would violate the nationâs…
By John Houck – December 1, 2015 The proposed merger of business retail giants Staples and Office Depot is in trouble. Federal antitrust regulators may block the deal, fearing an office supply monopoly. Staples and Office Depot first proposed the merger back in February. In a previous Inquisitr report, the deal worth $6.3 billion at…
Web News Article #: 156-2015 08/07/2015 – The American Postal Workers has launched a petition drive calling on the Federal Trade Commission (FTC) to block the merger of Staples and Office Depot. The merger would give Staples a monopoly in a key sector of the economy. âThis monopoly is no game,â said APWU President Mark…
For Immediate Release 07/07/2015 – WASHINGTON – The collapse of a planned merger between Sysco and US Foods puts a similar merger of office-supply giants Staples and Office Depot in serious jeopardy, says the American Postal Workers Union (APWU). âThe Federal Trade Commission made a very strong case against the Sysco/US Foods merger,â said APWU…
