Becker's Healthcare March 20, 2023
The Federal Trade Commission didn’t contest Amazon’s $3.9 billion deal for primary care company One Medical despite agency officials’ beliefs that the acquisition would hurt competition, Politico reported March 20.
The FTC found evidence of anticompetitive tactics but decided it was too hard of a case to win, people with knowledge of the agency’s thinking told the news outlet. Amazon completed its takeover of One Medical on Feb. 22, a day after the FTC said it wouldn’t sue to block the transaction.
For instance, Amazon was trying to get Lyft to switch from One Medical to its Amazon Care service for employers, offering a better price, people...