The U.S. Federal Trade Commission is allowing Amazon to move forward in the process of purchasing Whole Foods. The $13.7 billion acquisition, which was announced in June, combines the e-commerce behemoth with a major grocery chain. The FTC has since been investigating whether the tie-up would decrease competition, ultimately deciding it needn’t pursue the matter further. Read More
from Amazon – TechCrunch https://techcrunch.com/2017/08/23/ftc-approves-of-amazon-and-whole-foods-deal/?ncid=rss
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