LAWFUEL – The Law Newswire – Whole Foods Market Inc. said on Tuesday that they would challenge U.S. anti-competition regulators that plan to file a lawsuit aimed at blocking the supermarket chains’ proposed merger, Reuters report.
Whole Foods, the largest natural and organic grocer, announced plans to buy Wild Oats in February, after coming under increased pressure from mainstream grocers that were selling more organic, natural and prepared fare.
In May, Whole Foods said that staff members of the Federal Trade Commission had voiced concerns over the anti-competitive impact of the planned acquisition.
