» » FTC Reportedly Won't Challenge Amazon's Acquisition of One Medical The $3.9 billion takeover will allow Amazon to greatly expand the primary care services it already offers through its Amazon Care brand.

FTC Reportedly Won't Challenge Amazon's Acquisition of One Medical The $3.9 billion takeover will allow Amazon to greatly expand the primary care services it already offers through its Amazon Care brand.

FTC Reportedly Won't Challenge Amazon's Acquisition of One Medical The $3.9 billion takeover will allow Amazon to greatly expand the primary care services it already offers through its Amazon Care brand.

Amazon will reportedly be allowed to finish its acquisition of 1Life Healthcare, guardian of main care supplier One Medical, with out opposition from the US Federal Commerce Fee.

Antitrust regulators on the company will not sue to dam the takeover however nonetheless plan to probe the $3.9 billion merger, an FTC spokesman informed varied media shops. The acquisition of One Medical, which runs a series of greater than 150 main care clinics in additional than a dozen US cities and gives on-line and cell providers, will enormously broaden the first care providers Amazon is already providing by means of its Amazon Care model.

“The FTC’s investigation of Amazon’s acquisition of One Medical continues,” FTC spokesperson Douglas Farrar mentioned in an announcement to the media. “The fee will proceed to have a look at attainable harms to competitors created by this merger in addition to attainable harms to customers that will outcome from Amazon’s management and use of delicate client well being info held by One Medical.”

One Medical gives providers to particular person subscribers in addition to to employees who obtain its advantages from employers. It goals to hurry up entry to care with round the clock digital look after sufferers and fast appointment reserving. Amazon Care, which launched in 2019, at the moment supplies medical care in eight cities, together with Seattle and Arlington, Virginia, that are each properties to main Amazon places of work. Amazon Care is slated to broaden into New York, San Francisco and different main cities. 

The FTC did not instantly reply to a request for remark. An Amazon spokesperson declined to remark.

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