Postal News Roundup
Office Depot and Staples Scrap Merger After Judge’s Ruling
The American Antitrust Institute and the American Postal Union were among the organizations that wrote to the FTC to oppose the merger.
Federal Judge Blocks Staples’ $6.3 Billion Acquisition of Office Depot
A federal judge on Tuesday blocked Staples’ $6.3 billion acquisition of Office Depot, siding with regulators who argued the merger of office supply titans would reduce competition and raise prices.The companies said they would not appeal the decision and would instead abandon the deal.