We already knew the FTC was investigating Amazon, but Politico has laid out just how wide-ranging (and potentially close to fruition) the agency’s efforts are. There’s also some info on a case it didn’t bring: an attempt to block Amazon from acquiring One Medical earlier this year.
The FTC extensively investigated the One Medical deal and found evidence of anticompetitive behavior that many at the agency considered damning, but ultimately cleared the deal because they saw it as too hard of a case to win, according to multiple people with knowledge of the agency’s thinking.
As Politico points out, we’re nearing the end of President Joe Biden’s first term, however — so if the FTC is going to take action, it may need to happen soon.
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