Amazon Cleared to Take Over Whole Foods

Dan Industry News Release

The Federal Trade Commission cleared Amazon to officially take over Whole Foods. Politico’s Morning Agriculture Report says Amazon will spend $13.7 billion to acquire the Austin, Texas-based high-end food grocery store chain. The FTC wrapped up its investigation and found no anticompetitive effects sufficient to block the deal. Acting competition bureau chief Bruce Hoffman says, “Based on our investigation, we’ve …