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Well, It’s Official: FTC Gives Green Light for Amazon to Buy Whole Foods

The Federal Trade Commission, the US government body in charge of consumer protection and investigating anti-competitive marketplace practices, has announced that it will not stand in the way of Amazon’s plan to merge with Whole Foods. Read More >>

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Just in Time, Amazon Patents Method to Prevent In-Store Comparison Shopping

Amazon is perfecting a different kind of business model than we’ve traditionally known. First, crush an industry by focusing on growth instead of profit. Then, swoop in to “fix” the industry that was destroyed. Now that the online retailer is moving into the brick and mortar world, it’s trying to prevent the in-store price comparisons that have served it so well against competitors. Read More >>

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Amazon Is Buying Whole Foods: Report

Bloomberg News reports that Amazon will buy Whole Foods for $13.7 billion in cash. In cash! That breaks down to Jeff Bezos and company paying $42 per share for a chain of health food and lifestyle shops. In cash! Read More >>