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Article Summary
In an attempt to get approval for a $6.3 billion merger with Office Depot,Staples met with FTC regulators to discuss the possible sale of assets so the merger can proceed.The Competition Bureau of the FTC had previously indicated that it would not approve the merger as initially structured,but Staples expressed optimism that it would be able to reach a settlement with the FTC.Critics have argued that a merger of Staples and Office Depot will result in higher prices for office supplies.
-Refer to the Article Summary.The standards used by the Department of Justice and the FTC to evaluate a potential merger such as the one between Staples and Office Depot are based on market concentration as determined by the
Liver
A vital organ present in vertebrates and some other animals, performing a wide range of functions including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.
Excavates
A diverse group of single-celled organisms, including both free-living species and parasites, characterized by their unique cell structure and mode of mobility.
Modified Mitochondria
Mitochondria that have undergone changes to fulfill specific roles different from their typical function in cellular respiration.
ATP
ATP, or adenosine triphosphate, is a compound that transports energy throughout cells to fuel metabolic activities.
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