The Recycler
  • Biuromax Web ad May 2021
  • Nubeprint Online 425x90
  • ECS Web ad November
  • Katun March Web Advert 2021
  • Nienstar November Advert Masthead

EU regulators to investigate Staples-Office Depot deal

EU regulators to investigate Staples-Office Depot deal

September 28, 2015

eu flagAntitrust regulators began an “extensive investigation” last Friday into the office supplies chain’s bid to buy Office Depot.

The European Commission said that “the transaction could eliminate an important competitor and reduce the choice of suitable suppliers in already concentrated markets, which could lead to price increases”, Wall Street Journal reported.

The Commission added that there may also be competition concerns with wholesale office product sales in Sweden, “where the merging parties appear to have no significant competitors offering a wide portfolio of products”. Staples Chief Executive Ron Sargent stated that his company was working “cooperatively” with EU regulators.

Regulators have already approved the deal in Australia, New Zealand and China, Staples commented, although a source recently said that it may fall through after hitting a wall with Federal Trade Commission (FTC) Bureau of Competition head Deborah Feinstein.

Margrethe Vestager, Antitrust Chief at the EU, commented: “We are opening this in-depth investigation to make sure that the merger of two of the main suppliers of office products will not have a negative effect on competition.

“All companies and organisations, big or small, need office supplies for their daily work.”

Categories : Around the Industry

Tags : Business Office Depot Staples

  • Ninestar New Banner
  • Aster Web ad October
  • GM Technology December 2021
  • GPI December Advert
  • Static Web ad July 2021
  • Armor May banner Ink
  • IR Italiana Web ad January 2021
  • Apex web ad May 2021 version 2
  • Mito December Advert
  • CET Web ad September 2021
  • Printlife Web 300x250 Nov 2021
  • Ohana July 2021 web advert
  • Adter Recruitment Web ad April 2021
  • PW Dubai December Ad
  • HYB Web ad February 2021
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • CTS Toner Supplies Web ad April 2021
  • PW Dubai December Ad
  • Ohana July 2021 web advert
  • Adter Recruitment Web ad April 2021
  • ITP Web ad January 2021
  • HYB Web ad February 2021
  • Printlife Web 300x250 Nov 2021
  • PCL Web ad January 2021
  • CTS Toner Supplies Web ad April 2021
  • CET Web ad September 2021
  • Adter Recruitment Web ad April 2021
  • CET Web ad September 2021
  • HYB Web ad February 2021
  • Printlife Web 300x250 Nov 2021
  • ITP Web ad January 2021
  • Ohana July 2021 web advert
  • PCL Web ad January 2021
  • PW Dubai December Ad
  • CTS Toner Supplies Web ad April 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark