Why did the FTC block the merger of Staples and Office Depot?
A) The merger would have resulted in new efficiencies by combining operations.
B) The merger would have increased the number of competing stores in some parts of the country.
C) The merger would have allowed for higher pricing, costing consumers millions of dollars.
D) The merger would have resulted in a decrease in the variety and quality of products offered to consumers.
E) The merger would have made it easier for other competitors to enter the market.

Question

Quizplus · Accepted Answer

The FTC blocked the merger of Staples and Office Depot because it would have allowed for higher pricing, costing consumers millions of dollars. The merger would have reduced competition and given the merged entity an unfair advantage in the market, ultimately leading to higher prices for consumers.

Why Did the FTC Block the Merger of Staples and Office