One Medical said on Friday the U.S. Federal Trade Commission had sought more information from the company and Amazon.com Inc over the primary care provider’s $3.49-billion acquisition by the online retailer.
The new information is part of the U.S. anti-trust body’s review process, which is usually done to check if a deal has any anti-competitive consequences.
Amazon in July had agreed to buy One Medical or $3.49 billion in an effort to expand its virtual healthcare offering and add brick-and-mortar doctors’ offices.
The company last month said it planned to shut down its virtual healthcare service by the end of this year, as a deal to buy One Medical awaited regulatory approval. (Reporting by Leroy Leo, Praveen Paramasivam and Kannaki Deka in Bengaluru; Editing by Vinay Dwivedi)