APWU: Office Depot-Staples Deal Bad for Business

November 9, 2015
By John Quinn

Washington DC – In an attempt to sway the Federal Trade Commission against Staples' proposed acquisition of Office Depot, the American Postal Workers Union has released a comprehensive report to the FTC.

The APWU's document claims the reduced competition caused by the merger would result in a monopoly and prices would rapidly rise."If you put these two giants together, it would be like Bambi vs. Godzilla for anyone left in the market," said Mark Dimondstein, president of the American Postal Workers Union in a statement. "Anybody else who sells or tries to sell office supplies would be tiny compared to the behemoth that Staples and Office Depot want to create – and that would eliminate any real competition."