The Hill: Klobuchar asks FTC to investigate Amazon’s $3.9 billion move to acquire One Medical
Sen. Amy Klobuchar, a fierce critic of Amazon’s market power, is urging the Federal Trade Commission (FTC) to investigate the e-commerce giant’s proposed $3.9 billion acquisition of primary health care provider One Medical.
The Minnesota Democrat, chair of the Senate Judiciary antitrust subcommittee, asked the FTC in a letter Thursday to investigate the deal over concerns she said it raises about anti-competitive behavior in the pharmaceutical industry and sensitive data it would allow the company to accumulate.
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The American Economic Liberties Project has pushed for regulators to block Amazon’s One Medical Acquisition, calling it dangerous.
“Allowing Amazon to control the health care data for another 700,000+ individuals is terrifying,” Krista Brown, a senior policy analyst at the American Economic Liberties Project, said in a statement.
Brown said the deal would “entrench Amazon’s growing presence” in the health care industry in a way that undermines competition and poses “serious risks” to patients’ sensitive data.
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