The Ftc's Aim Was True This Time

The Federal Trade Commission's surprise decision to block Staples Inc.'s $4.4 billion acquisition of Office Depot Inc. is part of a strategy designed to keep the new superstore retail market competitive. The FTC had been trying to modify the deal so that Staples sold off stores in markets it would monopolize after acquiring Office Depot to rival OfficeMax. Odds are the FTC decision, in the end, will produce just such a deal.

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