Sen Klobuchar wants answers on FTC's quick approval of Amazon-Whole Foods deal

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Sen Amy Klobuchar (D-MN), the Senate Antitrust Subcommittee Ranking Member, is demanding answers on the speed with which the Federal Trade Commission approved Amazon’s $13.7 billion purchase of Whole Foods. Sen Klobuchar said she was concerned that the FTC “did not fully review” the deal before signing off on it Aug 23. “Amazon's increased access to data on consumers and their behavior, and its dominance in internet retail sales, raises questions about whether this merger harms consumers and suppresses competition,” she said. “Examining such complicated issues is the FTC's primary responsibility, and I will be calling on the FTC to provide an explanation for why they made such a quick decision regarding this merger.”


Sen Klobuchar wants answers on FTC's quick approval of Amazon-Whole Foods deal