Klobuchar Asks FTC to Investigate Amazon’s $3.9B Move to Acquire One Medical

Sen. Amy Klobuchar, a fierce critic of Amazon’s market power, is urging the Federal Trade Commission to investigate the e-commerce giant’s proposed $3.9 billion acquisition of primary health care provider One Medical, The Hill reports. The Minnesota Democrat, chair of the Senate Judiciary antitrust subcommittee, asked the FTC in a letter to investigate the deal over concerns she said it raises about anti-competitive behavior in the pharmaceutical industry and sensitive data it would allow the company to accumulate. 

The American Economic Liberties Project has pushed for regulators to block Amazon’s One Medical Acquisition, calling it dangerous. Read more.

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