Court Delays Whole Foods-Wild Oats Deal

An appeals court yesterday ordered Whole Foods Markets and Wild Oats Market not to consummate their merger until it has had more time to consider the Federal Trade Commission’s case for blocking the deal on antitrust grounds.

WASHINGTON — An appeals court here yesterday ordered Whole Foods Markets and Wild Oats Market not to consummate their merger until it has had more time to consider the Federal Trade Commission’s case for blocking the deal on antitrust grounds. Last week a federal district court judge ruled that the $700 million merger, first announced in February, could proceed, but the FTC appealed that decision, arguing that the two chains could raise prices and reduce consumer choice if they combined. The

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