Amazon has acquired telehealth group One Medical for an estimated €3.8 billion. Photograph: Justin Sullivan/Getty ImagesAmazon has agreed an all-cash deal to buy US healthcare provider One Medical for $3.9 billion as the ecommerce giant furthers its push into the medical industry.
“We think healthcare is high on the list of experiences that need reinvention,” Neil Lindsay, senior vice-president of Amazon Health Services, said in a statement. Lina Khan, chairwoman of the Federal Trade Commission, and Jonathan Kanter, head of antitrust at the US department of justice, have said that it is important to rein in the power exercised in the market by large tech companies such as Amazon and Google.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: