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Tags: uniuon | appeal | FTC | amazon | purchase | whole foods

Union Head Plans Appeal to FTC Over Amazon's Purchase of Whole Foods

Union Head Plans Appeal to FTC Over Amazon's Purchase of Whole Foods
(AP)

By    |   Monday, 17 July 2017 09:49 AM EDT

The president of the United Food and Commercial Workers International Union is planning an appeal to the Federal Trade Commission in an attempt to quash Amazon's purchase of Whole Foods, The Washington Post reported.

Marc Perrone says Amazon in that space would threaten jobs and spur grocery store closures much the same way that brick and mortar retail stores, for one, have been impacted by technology, greater efficiencies and overall advancement, The Post reported.

"I've got concerns, and our organization has concerns, about what technology does and at what cost to society," Perrone told The Post. "We don't want to be Luddites about technology, but we've got real concerns about what happens to America in the future."

Amazon announced last month its plan to buy the 450-store high-end chain in a near $14 billion deal.

"No job reductions are planned as a result of the deal," a spokesperson for Amazon told The Post, noting it is not intending to replace cashiers with its Amazon Go model.

Online shopping is already hitting grocery stores and supermarkets, which have lost a combined 14,000 jobs since last year, The Post reported.

Amazon's purchase has not yet been approved.

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The president of the United Food and Commercial Workers International Union is planning an appeal to the Federal Trade Commission in an attempt to quash Amazon's purchase of Whole Foods, The Washington Post reported.
uniuon, appeal, FTC, amazon, purchase, whole foods
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2017-49-17
Monday, 17 July 2017 09:49 AM
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