FTC Intends to Block Whole Foods-Wild Oats Merger
The Federal Trade Commission is preparing to halt the merger between Whole Foods and Wild Oats grocery stores.
The FTC says: “If the transaction continues unopposed, the FTC contends that Whole Foods is likely to raise prices and reduce quality and services unilaterally,” according to the FTC.
What do you think? Could Whole Foods push prices even higher if Wild Oats became part of the growing Whole Foods chain?