FTC Continues Whole Foods Fight

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As we blogged last week, the Federal Trade Commission’s injunction to stop Whole Foods‘ $565 million merger with fomer competitor, Wild Oats, was denied. Whole Foods was set to merge with Wild Oats as early as today. Not so fast. Friday, the FTC appealed the denial and requested that the judge delay the merger.

Whole Foods is “confident that the merger will be allowed to proceed” and I’m sure the organic grocer feels pretty good about stock prices too. Whole Foods shares jumped 7% after the appeal was announced.

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We've never been very good at being conservative.

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This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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