Amazon has completed its $3.9 billion acquisition of One Medical, a hub for virtual health care services.
The ecommerce giant closed the deal after the Federal Trade Commission said it would not challenge the purchase on anti-trust grounds. However, the agency said it was still investigating the potential impact of the deal on consumers.
With the deal completed, Amazon is now a major provider of primary medical care. The company runs 200 brick-and-mortar doctors' offices and has 815,000 members.
“We’re on a mission to make it dramatically easier for people to find, choose, afford, and engage with the services, products, and professionals they need to get and stay healthy, and coming together with One Medical is a big step on that journey,” said Neil Lindsay, senior vice president of Amazon Health Services, in a press release. “One Medical has set the bar for what a quality, convenient, and affordable primary care experience should be like. We’re inspired by their human-centered, technology-forward approach and excited to help them continue to grow and serve more patients.”
Amazon is being sued by U.S. regulators and and 17 states over allegations that the company abuses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.
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