![]() By establishing that these superstores were a market unto themselves, the FTC was able to reduce the number of players from two to one in 15 cities and from three to two in 27 more cities. In Staples, the FTC used strategic plans and pricing information to show a distinct market for the sale of consumable office supplies through office supply superstores. 4 When the Staples case went to court, stock market speculators and the national press were overwhelmingly of the position that the superstores would prevail and the government would lose its first big merger case of the 1990s. 3 Moreover, the antitrust agencies’ win-loss records at the time could be described as mediocre, at best. In the two decades prior to Staples, the Antitrust Division of the Department of Justice and the FTC had brought few cases, instead choosing to negotiate consent settlements. In 1997, the FTC successfully obtained a preliminary injunction blocking the proposed merger of Staples and Office Depot (at the time two of the three largest office supply superstores), arguing that the deal would lead to competitive harm in the relevant product market - the “sale of consumable office supplies through office supply superstores.” 2 The Staples case was a notable victory for the FTC. In its Statement closing the investigation into the proposed merger of Office Depot and OfficeMax, the Commission found that the competitive dynamics were very different than in the 16-year-old Staples case. (“Office Depot”), 1 recently unanimously voted to close its seven-month investigation into the proposed $1.2 billion merger of Office Depot, Inc. In light of developments in the office supply market in the last 16 years, the Federal Trade Commission (“FTC”), in a complete about-face from its successful 1997 challenge of the proposed merger of office supply superstores Staples, Inc. Used for Cross Site Request Forgery (CSRF) protection and URL signature validation.In 1997, most people thought of as mainly an online bookseller, you couldn't buy groceries at Wal-Mart or Target, and if you wanted floppy disks, VHS tapes, or a fax machine, you drove to your local Staples, OfficeMax, or Office Depot. Used to determine if Oribi analytics can be carried out on a specific domain. Used to provide ad delivery or retargeting. Used to store performed actions on the website. Used to store consent of guests regarding the use of cookies for non-essential purposes. ![]() Used to track impressions of LinkedIn alerts, such as the cookie banner and to implement cool off periods for display of alerts. Used to remember a user's language setting to ensure displays in the language selected by the user in their settings. Used to remember that a logged in user is verified by two factor authentication. Used to store information about the time a sync took place with the lms_analytics cookie.īrowser Identifier cookie to uniquely identify devices accessing LinkedIn to detect abuse on the platform. Used to store and track visits across websites. These cookies can share that information with other organisations or advertisers and are often served by third party companies. ![]() Marketing cookies track website users’ online activity to help advertisers deliver more relevant advertising.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |