FTC to Approve Office Depot and Office Max Merger

FTC to approve Office Depot and Office Max merger

The Federal Trade Commission is reportedly to give antitrust approval to the merger of Office Depot and Office Max. The two retails would not have to make divestitures under the deal as the FTC concluded the merger wouldn’t reduce competition substantially. Larger retailer Staples and the prevalence of e-commerce in that sector have been assessed to be resilient to a merger.