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07-25-2017, 05:33 AM
After all that, Amazon's Whole Foods deal may be delayed
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It could be a while before your local Whole Foods starts recognizing your Prime membership.
A raft of regulatory questions may delay the $13.7-billion mega-merger between Amazon and the supermarket chain as Democratic lawmakers and government officials raise antitrust concerns.
SEE ALSO: Are Amazon's prices too good to be true? The U.S. government wants to find out. (http://mashable.com/2017/07/20/amazon-ftc-probe-list-prices/?utm_cid=a-seealso&utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=)
Whole Foods told its investors in June that the deal was expected to close late this year, but the companies reportedly (http://www.bbc.com/news/business-40708880) warned that it could take until May of 2018.
The most recent potential roadblock came last week when the Federal Trade Commission began looking into (http://mashable.com/2017/07/20/amazon-ftc-probe-list-prices/) a complaint claiming that the comparison prices Amazon uses to demonstrate savings to customers are misleading. ** formal probe has been launched, but a source said the agency is working fast to meet a deadline in case it decides to take the next step towards one. * Read more... (http://mashable.com/2017/07/24/amazon-delay-whole-foods-deal/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Whole Foods (http://mashable.com/category/whole-foods/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Politics (http://mashable.com/category/politics/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Big Tech Companies (http://mashable.com/category/big-tech-companies/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1500942859 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1500942859)
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It could be a while before your local Whole Foods starts recognizing your Prime membership.
A raft of regulatory questions may delay the $13.7-billion mega-merger between Amazon and the supermarket chain as Democratic lawmakers and government officials raise antitrust concerns.
SEE ALSO: Are Amazon's prices too good to be true? The U.S. government wants to find out. (http://mashable.com/2017/07/20/amazon-ftc-probe-list-prices/?utm_cid=a-seealso&utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=)
Whole Foods told its investors in June that the deal was expected to close late this year, but the companies reportedly (http://www.bbc.com/news/business-40708880) warned that it could take until May of 2018.
The most recent potential roadblock came last week when the Federal Trade Commission began looking into (http://mashable.com/2017/07/20/amazon-ftc-probe-list-prices/) a complaint claiming that the comparison prices Amazon uses to demonstrate savings to customers are misleading. ** formal probe has been launched, but a source said the agency is working fast to meet a deadline in case it decides to take the next step towards one. * Read more... (http://mashable.com/2017/07/24/amazon-delay-whole-foods-deal/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Amazon (http://mashable.com/category/amazon/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Whole Foods (http://mashable.com/category/whole-foods/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Politics (http://mashable.com/category/politics/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Big Tech Companies (http://mashable.com/category/big-tech-companies/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1500942859 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1500942859)
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