office supplies: Nearly 18 years ago, the US Federal Trade Commission FTC rejected a merger between the two firms, citing antitrust concerns. , according to BBC. Sales at all three chains had been declining for some time, as customers used internet retailers such as Amazon, as well as other large supply stores like Walmart and Target, for their office supplies. However, the deal will come under the scrutiny of regulators. But the market for office supplies has changed significantly since then. Continue reading the main story Staples Inc. Last Updated at 04 Feb 2015, 16:00 ET Chart shows local time price change % 16.73 - -2.28 - -11.99 Just over a year ago, the FTC approved Office Depot merger with Office Max - the other main US office supply chain - citing increased competition.
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