FTC will not block Amazon from shopping for One Medical mum or dad 1Life

WASHINGTON — Amazon.com Inc.
AMZN,
-2.70%
  will have the ability to shut its buy of 1Life Healthcare Inc.
ONEM,
+2.87%,
 the operator of the One Medical line of primary-care clinics, with no authorized problem by antitrust enforcers.

The Federal Trade Commission received’t sue in time to dam the $3.9 billion deal, together with debt, however will proceed its investigation of the merger, an company spokesman stated. The resolution clears a path for Amazon to considerably increase its healthcare choices and function bodily medical clinics. Amazon has invested within the healthcare house for years, together with with a web based pharmacy and different well being ventures.

Source web site: www.marketwatch.com

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