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What's Next for Staples? Put Office Depot Out of Business


Staples (SPLS - Get Report) is pretty angry the federal government blocked its deal to buy smaller rival Office Depot (ODP - Get Report) and will now take several actions to try and put its competitor in the dirt.

U.S. District Court Judge Emmet Sullivan blocked the merger between the two companies Tuesday evening, saying the combination would create anti-competitive forces. The decision effectively ends the second attempt by the two office supplies companies to merge in an attempt to thwart off competitors including Amazon (AMZN - Get Report) .

"The Federal Trade Commission (FTC) met its burden of showing that there is a reasonable probability that the proposed merger will substantially impair competition in the sale and distribution of consumable office supplies to large business to business customers," Sullivan wrote in a three-page order.

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Obviously, execs at Office Depot and Staples saw it otherwise.

Must Read: U.S. Judge Blocks Staples-Office Depot Merger

"While we are respectful of the court's decision...