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Business Insider/Hayley Peterson Grocery prices have fallen since Amazon‘s purchase of Whole Foods last year. Prices in the US fell 0.3% in the 12 months ending in June, compared to a 0.6% increase over the same period last year, according to data from Adobe Analytics. “Amazon is having downward pressure on pricing when it comes […]
Enlarge (credit: Portal Abras) The Federal Trade Commission has formally allowed Amazon’s acquisition of Whole Foods to go forward. According to a statement released Wednesday by Bruce Hoffman, the acting FTC director: “Based on our investigation, we have decided not to pursue this matter further. Of course, the FTC always has the ability to investigate […]
