The Hill: Klobuchar asks FTC to investigate Amazon’s $3.9 billion move to acquire One Medical

July 22, 2022 Media

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.

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.