The Commissioner of Competition is challenging a proposed merger that he claims would result in the consolidation of 80% of the Canadian office products market under a single banner. In a $6.3 billion deal, Staples Inc. seeks to acquire the global business operations of its primary competitor, Office Depot Inc., including its Canadian subsidiary Grand & Toy Ltd. Both companies supply office products, including paper, ink and toner, office furniture, and breakroom and janitorial supplies across Canada. Following a review of the notifiable transaction, the Competition Bureau concluded that the proposed merger would likely result in a substantial lessening of competition ... [more] Full article