Amazon, Whole Foods merger cleared by FTC

By Ariella Phillips

Published August 24, 2017 12:21am ET

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Amazon, Whole Foods merger cleared by FTC — Whole Foods has struggled to differentiate itself as competitors also now offer a plethora of fresh and organic foods. (AP Photo/Richard Drew) | Richard Drew

The impending Amazon-Whole Foods merger took a step forward Wednesday as the Federal Trade Commission cleared the way for the online retail giant to buy the grocery-store chain.

Bruce Hoffman, acting director of the commission’s Bureau of Competition, said in a statement the merger should proceed, and that competition would not be impeded by the acquisition.

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Amazon FTC Mergers and Acquisitions