The Federal Trade Commission blocked the merger between Office Depot and Staples because there was evidence that the merger would increase competition in the office supplies industry.

Question

Quizplus · Accepted Answer

The statement is incorrect. The Federal Trade Commission blocked the merger between Office Depot and Staples because there was evidence that the merger would decrease competition in the office supplies industry, leading to higher prices and reduced choices for consumers.

The Federal Trade Commission Blocked the Merger Between Office Depot