Critics say Whole Foods deal would give Amazon an unfair advantage | Reuters Reuters
By Diane Bartz | WASHINGTON WASHINGTON While antitrust experts expect Amazon.com Inc's (AMZN.O) bid for Whole Foods Market Inc (WFM.O) to win regulatory approval, some critics argue the deal should be blocked because it gives the online retailer a nearly unstoppable head start towards domination of online grocery delivery.They argue the Whole Foods acquisition will give Amazon an unfair advantage over traditional grocers and new players that might emerge in the market, potentially grounds for the deal to be blocked for antitrust reasons. "As a matter of policy, should this be blocked? ...There should be a challenge to this because there should be a strong presumption against growth by acquisition and in fact there is supposed to be such a presumption in our law. The post Critics say Whole Foods deal would give Amazon an unfair advantage | Reuters appeared first on Firstpost. | | 1 | | |
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