The U.S. Federal Trade Commission will not file a complaint aimed at stopping Amazon.com’s plan to buy primary care provider One Medical, an FTC official said.
Amazon.com Inc said in July it would buy One Medical for $3.49 billion, expanding the e-commerce giant’s virtual healthcare business and adding brick-and-mortar doctors’ offices for the first time, Reuter’s reports.
Amazon declined comment about the FTC decision.
The FTC official said that the agency planned to send a pre-consummation warning letter that would say it still had specific concerns about the deal. Antitrust agencies can, and sometimes do, file complaints to undo mergers that have closed.
The official said the agency would watch for any potential harm to competition as well as how consumer data was used. Read more.
