Whole Foods Addresses FTC on Website

"Natural food grocer Whole Foods Market Inc. said Friday it added a new section to its Website to post updates on the Federal Trade Commission's challenge to its acquisition of smaller rival Wild Oats Markets Inc.

The FTC said earlier this month it will try to block the deal on the premise that Whole Foods will probably raise prices and reduce quality and services if the transaction goes through."

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You can read about the ongoing Whole Foods vs. FTC saga here.