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Based on the FTC- argument and its mission to challenge merger that would likely lead to higher prices, do you think it allowed the merger 



1. In the United States, the Federal Trade Commission (FTC) is charged with promoting
competition and challenging mergers that would likely lead to higher prices. In 1996,
Staples and Office Depot, two of the largest office supply superstores, announced
their agreement to merge.
a. Some critics of the merger argued that, in many parts of the country, a merger between the two companies would create a monopoly in the office supply superstore market. Based on the FTC- argument and its mission to challenge merger that would likely lead to higher prices, do you think it allowed the merger ?
b. Staples and Office Depot argued that, while in some parts of the country they might create a monopoly in the office supply superstore market, the FTC should consider the larger market for all office supplies, which includes many smaller
stores that sell office supplies (such as grocery stores and other retailers). In that
market, Staples and Office Depot would face competition from many other, smaller
stores. If the market for all office supplies is the relevant market that the FTC
should consider, would it make the FTC more or less likely to allow the merger?




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