The Federal Trade Commission’s skepticism of tech-fueled healthcare mergers could spell trouble for Amazon and One Medical, experts say.
For years, the FTC has tried to thwart mergers between large hospital systems. Recent action reveals its focus could be widening to include mergers involving digital health providers and big tech companies, reports Modern Healthcare.
In September, the FTC began investigating tech giant Amazon’s planned $3.9 billion merger of One Medical, a hybrid primary care company.
Earlier this month, The Wall Street Journal reported the FTC was preparing a possible antitrust suit against Amazon. A separate report from DealReporter said the agency was hiring outside economists to review the Amazon-One Medical proposed merger. If the deal isn’t approved by federal regulators, $195 million will be owed to One Medical.
An Amazon spokesperson declined to comment. Spokespeople from One Medical and FTC did not respond to requests for comment. Read more.
