- The FTC is intensifying its antitrust review of Staples' (NASDAQ:SPLS) planned takeover of Office Depot (NYSE:ODP), seeking sworn legal declarations that could be used if antitrust enforcers decide to challenge the deal, WSJ reports.
- In its review, some of the FTC’s most probing questions have focused on the chains’ business with large corporate and government customers, according to the report.
- The FTC has yet to decide whether to approve or challenge the merger, and it has until mid-October to decide whether to do so, although the deadline could be extended if the companies give the FTC more time.