FTC approves Amazon's $13.7B purchase of Whole Foods

FTC approves Amazon's $13.7B purchase of Whole Foods

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnet.com/news/ftc-approves-amazons-13-7b-purchase-of-whole-foods/

It looks like Amazon's acquisition of Whole Foods Market is all but in the bag as federal regulators said they would allow the $13.7 billion deal to continue.

The decision announced Wednesday by the US Federal Trade Commission allows the online retail giant to take its greatest stab yet at the $800 billion US grocery market. The deal, by far Amazon's biggest acquisition, is expected to close in the second quarter.