Friday, March 18, 2016

Filing casts doubt on Amazon buy of Office Depot unit

A court filing by Framingham’s Staples Inc. and Office Depot Inc. appears to refute a New York Post report this week that Inc. may buy Office Depot’s corporate business unit in a deal that could pave the way for FTC approval of a proposed $6.3 billion Staples-Office Depot merger.

The online retail giant’s Amazon Business division is the “800-pound gorilla” that, in part, has “transformed the marketplace and intensified competition,” Staples and Office Depot said in a court document filed Wednesday to argue their opposition to the Federal Trade Commission’s request for a preliminary injunction to stop their merger.. . . more

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