It could topdrama | Adult Movies Onlinebe 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.Whole Foods told its investors in June that the deal was expected to close late this year, but the companies reportedly 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 a complaint claiming that the comparison prices Amazon uses to demonstrate savings to customers are misleading. No 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.
That's not the only potential political challenge. David Cicilline, a House Democrat from Rhode Island, has called for a congressional hearing on whether or not the deal violates competition laws meant to prevent any one company from amassing too much market power.
Ohio representative Marcia Fudge led another group of House Democrats in a letter expressing concern to the FTC. The appeal called on the agency to expand the scope of its review beyond consumer impact, which has more or less been the sole focus of American antitrust law as it's been narrowly interpreted for the past 40 years.
"While we do not oppose the merger at this time, we are concerned about what this merger could mean for African-American communities across the country already suffering from a lack of affordable healthy food choices from grocers," the leader read.
Even New Jersey senator Cory Booker, widely seen as friendly towards Silicon Valley and a possible name for the 2020 presidential ticket, signed the letter and told Recodelast week that he was wary of Amazon's growing size.
"I am skeptical of this particular merger, highly skeptical of it."
"I am skeptical of this particular merger, highly skeptical of it," Booker said on Recode's Decode podcast. “I worry about grocery consolidation, I worry about the jobs that many of these grocery stores create."
All this comes as Democrats unveil a brand new economic agenda meant to unify progressives and moderate Trump voters under a populist banner. A more aggressive antitrust approach seems to be a central pillar in that package.
But despite all the noise, most leading antitrust experts seem to agree that an antitrust case against the deal is unlikely under the current status quo. It's easy to forget that Whole Foods controls just two percent of the country's grocery market and online grocery as a whole represents just one percent.
Amazon has disputed the basis of the FTC's informal investigation -- a Consumer Watchdog complaint alleging it lied about discount periods. And the company also released its own letter last week in which a spokesperson said the company is making Congress' concerns a priority.
"We have every intention when the acquisition is complete to assist Whole Foods in bringing natural and healthy foods to more people," Brian Huseman, Amazon's vice president of public policy, said in the letter.
Substantiated or not, the growing worry around the merger in Washington will likely waylay the final stamp of approval for longer than the two companies originally anticipated -- even if regulators ultimately decide against blocking it.
Amazon will put forth a revised deadline for the deal in a Securities and Exchange Commission form this week, according to another filing from Whole Foods last week.
Topics Amazon Politics
How AI can help with your grocery listBest Budget Headphones deal: Save £17 on Soundcore Q20iNinja deals: Get up to 50% off at AmazonIs 'The Substance' streaming? How to watch at homeToday's Hurdle hints and answers for November 1Shark vacuum deals: Get up to 50% off at AmazonBest Amazon tablet deal: Save $65 on Fire HD 10 tabletBest Switch deal: Get 20% off Sonic X Shadow Generations for Nintendo SwitchNYT Strands hints, answers for November 2How to watch Aubrey Plaza's 'My Old Ass' at home: Streaming Nov. 7Best earbuds deal: The Samsung Galaxy Buds FE are on sale for just $60 at AmazonBest Apple iPad deal: Save $100 on the 13Best Switch deal: Get 20% off Sonic X Shadow Generations for Nintendo SwitchBest Apple iPad deal: Save $100 on the 13NYT Connections Sports Edition hints and answers for November 1: Tips to solve Connections #38.How to market your side hustle on Instagram'The Gutter' review: The right kind of stupidTexans vs. Jets 2024 livestream: How to watch NFL for freeNYT Connections hints and answers for October 31: Tips to solve 'Connections' #508.Prime members get to see 'Wicked' before everyone else — here's how Our 5 most anticipated films of fall 2018 Nikolaj Coster The 50 best iPhone games, ever This AR documentary lets you know how it really feels to interrogate someone at immigration Acer Predator Triton 900 is a 2 NASA's New Horizons snaps its first photo of Ultima Thule New photo shows stellar life and death thousands of light 10 states sue federal government over transgender bathroom policies Singapore expat gets fired for raging on Facebook about not having Pokémon Go yet Eminem just dropped a surprise album called 'Kamikaze' and people are into it Balenciaga's $9,000 coat is pretty much a bunch of jackets on top of each other George Takei isn't supportive of the new twist that Sulu is gay This 'Harry Potter' Stormzy encourages the UK not to ignore U.S. police violence Huawei announces Honor Play gaming phone with GPU turbo boost Fall movie preview: What to watch if you're with the family Huawei's AI Cube smart assistant doubles as a fast router Minnesota governor says racism played a part in fatal police shooting Samsung's massive 8K QLED to hit stores in October Former congressman threatens 'war' against Obama in deleted tweet during Dallas shooting
2.2366s , 10131.015625 kb
Copyright © 2025 Powered by 【topdrama | Adult Movies Online】,Pursuit Information Network