On its first official day as owner of the grocery chain, Amazon cut Whole Foods prices by as much as 43% on Monday. In North American stores, Amazon also added
US Representative David Cicilline, the top Democrat on the US House of Representatives antitrust subcommittee, is calling for a hearing on Amazon’s proposed acquisition of Whole Foods to examine how the
Amazon is set to purchase Whole Foods in a USD 13.7 billion deal (USD 42 per share). This move marks Amazon’s biggest foray yet into traditional retailing, and has sent