AP

FTC investigating Amazon’s $3.9B purchase of One Medical

Sep 2, 2022, 5:35 AM | Updated: 5:54 pm

FILE - An Amazon logo appears on an Amazon delivery van in Boston, Oct. 1, 2020. The Federal Trade ...

FILE - An Amazon logo appears on an Amazon delivery van in Boston, Oct. 1, 2020. The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal. According to a regulatory filing, both One Medical and Amazon received a request for additional information on Friday, Sept. 2, 2022, in connection with an FTC review of the merger. (AP Photo/Steven Senne, File)

(AP Photo/Steven Senne, File)

NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal.

Both One Medical and Amazon received a request for additional information Friday in connection with an FTC review of the merger, according to a filing made with securities regulators by One Medical’s parent, San Francisco-based 1Life Healthcare Inc.

Amazon announced plans in late July to buy One Medical, a concierge-type medical service with roughly 190 medical offices in 25 markets. Last week, the e-commerce giant said it would shutter its own hybrid virtual in-home care service called Amazon Care, a One Medical competitor, because it wasn’t meeting customers’ needs.

The One Medical deal, the first to be announced under CEO Andy Jassy, was another push into healthcare for Amazon following its acquisition of the online pharmacy PillPack for $750 million in 2018. Groups calling for stricter antitrust regulations quickly urged the FTC to block the merger, arguing it would further expand the company’s massive market power.

An Amazon spokesperson declined to comment.

The FTC has already been investigating the sign-up and cancellation practices of Amazon Prime and has issued civil subpoenas in that case.

Last year, the company asked unsuccessfully that FTC Chair Lina Khan step aside from separate antitrust investigations into its business, arguing she would be biased. Khan was notable critic of Seattle-based Amazon and other Big Tech companies prior to assuming the chairmanship. As a Yale law student in 2017, she wrote an influential study titled “Amazon’s Antitrust Paradox.”

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Image: A cargo ship is stuck under the part of the structure of the Francis Scott Key Bridge after ...

Associated Press

Authorities identify 2 bodies recovered at site of Baltimore bridge collapse

A major bridge in Baltimore snapped and collapsed after a container ship rammed into it early Tuesday, and several vehicles fell into the river below.

1 day ago

Photo: Mountaineer Jim Whittaker has died at 95....

Gene Johnson, The Associated Press

Lou Whittaker, among the most famous American mountaineers, has died at age 95

Lou Whittaker, a legendary American mountaineer who helped lead ascents of Mount Everest, K2 and Denali, has died at age 95.

2 days ago

File photo: Former Sen. Joe Lieberman speaks in Washington on Jan. 18, 2024....

Associated Press

Former Sen. Joe Lieberman, Democrats’ VP pick in 2000, dead at 82

Former U.S. Sen. Joe Lieberman of Connecticut, who nearly won the vice presidency on the Democratic ticket with Al Gore in 2000, has died.

2 days ago

islamic state attack...

Vanessa Gera, The Associated Press

What we know after the Islamic State group claims responsibility for Moscow massacre

The Islamic State group has claimed responsibility for an attack on a suburban Moscow concert hall that killed at least 133 people.

5 days ago

Moscow shooting...

The Associated Press

Russia: 60 dead, 145 injured in concert hall raid; Islamic State group claims responsibility

Assailants burst into a concert hall in Moscow on Friday and sprayed the crowd with gunfire, killing over 60 people, injuring more than 100.

7 days ago

Photo: Britain's Kate, Duchess of Cambridge visits 282 (East Ham) Squadron, RAF Air Cadets, Cornwel...

Associated Press

Kate Middleton announces she has cancer, is undergoing chemotherapy

Kate Middleton, Princess of Wales, says she is undergoing chemotherapy to treat cancer. She has been out of view since Christmas.

7 days ago

FTC investigating Amazon’s $3.9B purchase of One Medical