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U.S. lawmaker calls for hearing on Amazon's Whole Foods deal

Reuters  |  WASHINGTON/NEW YORK 

By Diane Bartz and Jennifer AblanWASHINGTON/NEW YORK (Reuters) - The top Democrat on the U.S. House of Representatives' antitrust subcommittee has voiced concerns about Amazon.com Inc's $13.7 billion plan to buy Whole Foods Market Inc and is pushing for a hearing to look into the deal's impact on consumers.The deal announced in June marks the biggest acquisition for the world's largest online retailer. Amazon has not said what it would do with Whole Foods' stores and other assets, but analysts and investors worry the deal could upend the landscape for grocers, food delivery services and ...

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First Published: Sat, July 15 2017. 02:20 IST
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