Stapes announced this week that it is acquiring Office Depot in a $6.3 billion merger deal.
The deal is expected to be scrutinized by regulators wary of reducing competition. But the two retailers argue that there’s a range of competition online from the likes of Walmart and Amazon, and that the merger would keep them competitive.
Derek Thompson, senior editor at the Atlantic, tells Here & Now‘s Jeremy Hobson and Robin Young what this merger could mean.
Guest
- Derek Thompson, senior editor at The Atlantic. He tweets @DKThomp.
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