Back in 1996 Staples bought Office depot. Google it and see for yourself
They terminated the merger after the FTC blocked the merger.
Staples, Office Depot officially scrap proposed mergerJuly 2, 1997
Staples Inc. of Massachusetts and Office Depot Inc. of Florida have officially called off their proposed merger after a federal judge this week granted an order blocking completion of the $4 billion deal. Company officials had said they'd likely cancel Staples' planned purchase of Office Depot after federal regulators rejected the deal because of antitrust concerns.