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Please use this identifier to cite or link to this item:
http://hdl.handle.net/2451/26191
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| Title: | Staples-Office Depot and UP-SP: An Antitrust Tale of Two Proposed Mergers |
| Authors: | White, Lawrence |
| Keywords: | mergers
antitrust
office super stores
railroads |
| Issue Date: | 12-Mar-2002 |
| Series/Report no.: | EC-02-12 |
| Abstract: | This paper examines two proposed mergers of the 1990s: the Staples
proposal to merge with Office Depot, and the Union Pacific railroad's
proposal to merge with the Southern Pacific. Though the two mergers
appeared to be quite different on the surface, closer analysis indicates
that they were surprisingly similar: both involved a merger of two of
the three firms in their respective markets; and both involved
significant issues of market delineation. However, the two proposals
received quite disparate treatment by different antitrust regimes: The
former was blocked by the FTC, while the latter was approved by the STB.
The former was a sensible decision; the latter had disastrous
consequences for freight shipments in the American southwest in the late 1990s. |
| URI: | http://hdl.handle.net/2451/26191 |
| Appears in Collections: | Economics Working Papers
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