Grocery Union and Retail Workers to Oppose Whole Foods Purchase by Amazon
The United Food and Commercial Workers Union warned the antitrust enforcers on Monday, July 17, 2017, about the perils of Amazon’s decision to purchase Whole Foods. They sent a note to antitrust enforcers mentioning hot Amazon’s Whole Foods purchase can negatively affect the consumers and workers.
The union does not particularly represent the employees from Whole Foods, but 80,000 workers and clerks at various grocery chains requested the FTA- Federal Trade Commission to meticulously examine the $13.7 billion contract without asking for its termination. Mr. Marc Perrone, the president of the Union argued that if Amazon takes over Whole Foods, the amalgamation would hurt several consumers by allowing Amazon to gain remarkable power over suppliers. This could also lead to price rice and reduction in the variety and quality of products.
Perrone termed the e-commerce giant an “online retail monopoly” and claimed that the weight and scope that Amazon has digitally poses a constant and severe economic threat to grocers, retailers, and consumers, regardless of their online or offline presence. The announcement about the deal last month caused the share prices of grocery stores to reel due to the probability that Amazon would enter the food sales industry and conquer it. Plagued by virtual competition, several retail stores have gone bankrupt. The list also includes popular brands like Radio Shack.
In addition, Marc Perrone added that automated delivery of Whole Food would result in decreasing employment. He mentioned that “Amazon’s amalgamation with Whole Foods will not improve the customer service, choice, or products. But it will surely destroy the jobs in Whole Foods via Amazon style automation.” Considering the flip side, Amazon has confirmed that it is not planning to automate any jobs of cashiers from Whole Foods and does not intend to cause job cuts.
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