Amazon’s first deal made under new CEO Andy Gacy is being reviewed by the Federal Trade Commission.
in question, Amazon is acquiring primary healthcare organization One Medical for $3.9 billion.
The investigation may delay the completion of the transaction.
A request for additional information was received Friday by One Medical and Amazon as part of the FTC’s review of the merger, according to a filing with securities regulators by One Medical’s parent company based in San Francisco, 1Life Healthcare Inc.
Amazon will buy a medical one for about $3.9 billion
For the past few years, it’s been amazon’s push toward healthcare.
The acquisition of the internet pharmacy PillPack bought for $750 million in 2018.
Amazon announced plans in late July to buy One Medical, a concierge-style medical service with nearly 190 medical practices in 25 markets.
Amazon shuts down its virtual hybrid homecare service
Last week, the e-commerce giant announced it was shutting down its hybrid virtual homecare service called Amazon Care, a unique medical competitor, because it was failing to meet customer needs.
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Groups calling for tougher antitrust regulations were quick to urge the FTC to block the One Medical merger, arguing it would increase the company’s massive market power.
An Amazon spokesperson declined to comment.
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The FTC was already investigating Amazon Prime’s registration and cancellation practices and issued civil subpoenas in the matter.
The Associated Press contributed to this report.
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