See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

FTC Won’t Block Amazon Purchase of One Medical Network of Health Clinics

Posted on AllSides February 21st, 2023
From The Center

Amazon.com Inc. will be able to close its purchase of 1Life Healthcare Inc., ONEM 2.87%increase; green up pointing triangle the operator of the One Medical line of primary-care clinics, without a legal challenge by antitrust enforcers.

The Federal Trade Commission won’t sue in time to block the $3.9 billion deal, including debt, but will continue its investigation of the merger, an agency spokesman said. The decision clears a path for Amazon to substantially expand its healthcare offerings and operate physical medical clinics. Amazon has invested in the healthcare space for years, including with an online pharmacy and other health...

Read full story
Some content from this outlet may be limited or behind a paywall.
https://www.wsj.com/articles/ftc-wont-block-amazon-purchase-of-one-medical-network-of-health-clinics-c635495e

More News about Healthcare from the Left, Center and Right

From the Left

From the Center

From the Right