you are. Josh Hawley (R-MO) recently sent a letter to the FTC asking it to consider a proposed $3.9 billion merger between Amazon and One Medical.
Senator Josh Hawley (R-MO) has asked the FTC to investigate an alleged $3.9 billion purchase agreement between Amazon and One Medical in a recent letter.
Jeff Bezos educates normal people about climate change (Pool/Getty)
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Hawley wrote in the letter: “I understand that the FTC is currently making many efforts to combat the accelerating concentration of the American economy and the power of tech giants. However, I urge you to prioritize a thorough review of this particular transaction.”
Hawley said the acquisition “will give Amazon access to an enormous amount of patient data”, and while he acknowledged that HIPAA and other privacy laws could “prevent the worst potential abuses”, he said there are “gaps in every legal framework”.
Some privacy-related situations, Hawley said, are “so real now that what was once written as grisly fiction.” “For example, if someone is diagnosed with high blood pressure by a Medical doctor, will they advertise an over-the-counter drug for blood pressure every time they shop at Whole Foods Market?” He presented a scenario.
Hawley also said the deal would solidify Amazon’s market dominance and could even change the power dynamics in primary care.
“It doesn’t matter if each major care market is competitive right now: With a hand in dozens of smaller markets, Amazon is eventually positioned to become the dominant player in each, as cross-subsidy allows Amazon to offer services across the board. Reasonable price. “Data-driven losses and network effects allow Amazon to enter the market at a level that its competitors cannot reach,” Hawley said.
Source: Breitbart
