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Whole Foods deal would give Amazon an unfair advantage, say critics

Deal will give Amazon a head start towards domination of online grocery delivery: Critics

Reuters  |  Washington 

While antitrust experts expect Inc's bid for Whole Foods Market Inc 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 ...

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First Published: Sat, June 24 2017. 04:28 IST