FTC still fighting Whole Foods-Wild Oats merger
FTC still fighting Whole Foods-Wild Oats merger
Contrary to what might be expected, the Federal Trade Commission has not stopped its efforts to block the merger of Whole Foods Markets and Wild Oats, even though the acquisition has been completed. The FTC went to court this summer to block the acquisition, and it initially lost the case. However, the commission filed an appeal in the District of Columbia's Court of Appeals and received a temporary injunction that temporarily stalled the efforts of Whole Foods. Eventually, the judge in the case vacated the stay and allowed the acquisition to move forward, which it did. In late August, Whole