Despite President Donald Trump's campaign trail animosity toward Amazon CEO Jeff Bezos, his administration likely will not seek an antitrust case to block Amazon's deal to buy Whole Foods, according to two antitrust law experts.
But at least one Democratic congressman has cried foul on proposed transaction.
After the $13.7 billion deal was announced Friday, some critics said it would give Amazon an outsize presence in too many pockets of the U.S. economy. But experts said the deal does not seem to run afoul of conventional antitrust concerns: that it eliminates competition or gives Whole Foods too much of a hold on the grocery space.
"There has to be some kind of injury to competition ... I don't really see an antitrust concern," said Herbert Hovenkamp, a professor at the University of Pennsylvania law school and an antitrust scholar.
Any antitrust concerns raised by the deal are "not likely" to pose significant enough issues that the government would "conclude an increase in market power and higher prices to the consumer," the "usual question" for antitrust, said Eleanor Fox, a professor at the New York University School of Law and an antitrust expert.