UFCW Calls On FTC To Review Amazon Whole Foods Merger

July 17, 2017 - WASHINGTON, D.C. — Today, the United Food and Commercial Workers International Union (UFCW), a union representing over one million retail workers, sent a letter to the Federal Trade Commission (FTC) calling for a thorough investigation of Amazon’s proposed acquisition of Whole Foods.

Following Amazon’s announcement, UFCW International President Marc Perrone wrote in a CNN op-ed that “the hard-working men and women who work at Whole Foods now face an uncertain future” due to the Amazon model for grocery stores. His letter to the FTC expands on that theme, saying, in part:

“Amazon’s acquisition of Whole Foods is not about improving customer service, products or choice. It is about destroying Whole Foods jobs through Amazon-style automation. We strongly urge the FTC to carefully review this merger. We believe a fair and impartial analysis will prove that Amazon’s acquisition of Whole Foods is a competitive threat to our economy that will hurt workers and communities.”

UFCW is not the only one with concerns about the merger.

  • Rep. David Cicilline, the top Democrat on the House Judiciary Antitrust Subcommittee called for a hearing on the proposed merger, saying: “I respectfully urge that the Subcommittee hold a hearing on this proposed acquisition to carefully consider whether it will harm consumers, workers, and small businesses in our communities. It is essential that Americans have meaningful choice about the products we buy, the businesses we support, and where and how we work.”
  • Rep. Ro Khanna ,who represents part of the Silicon Valley area, has said he is “deeply worried” about the Amazon-Whole Foods deal and has called for a “reorientation” of antitrust decision making to include concerns like how a merger will effect jobs, wages, innovation, and small businesses.
  • Consumer Watchdog sent a letter calling on the FTC to block the merger and detailing the numerous instances where Amazon “persistently engaged in unfair and deceptive practices” that misled customers into thinking they were getting a steep discount.

Read more: http://www.ufcw.org/2017/07/17/amazonwholefoodsmerger/

 

Your Bread And Butter - How do you compare?

Check out your employer below for the latest updates!
  100px nob hill 100px nugget
  Target 100px vallarta supermarkets