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Amazon closes deal to buy primary care provider One Medical - TL;DR CNBC

Amazon closes deal to buy primary care provider One Medical

Publishing timestamp: 2023-02-22 10:35:24


Summary

Amazon has closed its $3.9 billion deal for primary-care provider One Medical. The deal gives Amazon access to One Medical's more than 200 brick-and-mortar medical offices in 26 markets, and roughly 815000 members. The Federal Trade Commission (FTC) has sent out letters to some parties seeking to merge saying that while they can't hold up merger any longer because deadline has passed, they are still investigating and could take legal action at later date. Amazon also faces ongoing probe by FTC into its Prime program, as well as its online marketplace.


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Keywords: internettechnologyamazon.com incirobot corpbusiness news

Source: https://www.cnbc.com/2023/02/22/amazon-closes-deal-to-buy-primary-care-provider-one-medical.html


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