Staples, Office Depot merger plan nixed by federal ruling

Staples, Office Depot merger plan nixed by federal ruling

Another corporate mega-merger 86'd by Washington, this time between office equipment giants Staples and Office Depot. Good for consumers, bad for consumers, or not relevant at all?

Staples' iconic "Easy" button. Merging with Office Depot proved not quite so easy. (Image via Wikipedia entry on Office Depot)

WASHINGTON, May 11, 2016 — Yet another corporate mega-merger has been snuffed out by Washington’s current crop of anti-trust crusaders. On balance, however, it also looks as if the ruling by a Federal agency is literally on the money, halting what could have been a genuinely anti-competitive transaction with a potential to hurt consumers across the country.

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