Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

Amazon's Acquisition of Whole Foods: 'Higher Prices, Fewer Choices for Consumers'

Popular
Amazon's Acquisition of Whole Foods: 'Higher Prices, Fewer Choices for Consumers'

Today, Amazon announced its acquisition of Whole Foods Market. Too few companies already exert outsized influence over our food choices. This is extreme consolidation of the food system in action, which will lead to higher prices, fewer choices for consumers and bigger profits for billionaires like its owner, Jeff Bezos.


The top four grocery retailers already control 62 percent of food sales, raising prices and reducing choices for consumers. This nearly $14 billion takeover would combine the dominant online retailing giant with one of the country's ten biggest supermarket chains.

Consumers already face substantially reduced options for grocery shopping because of a wave of mega-mergers that have swept the supermarket and grocery manufacturing industry. In recent years, more than 4,000 grocery stores were joined under two owners after the Albertsons-Safeway and Ahold-Delhaize mergers. The proposed Amazon-Whole Foods deal only further curtails consumer choices and raises prices.

The Federal Trade Commission must block this merger to protect consumers from the anti-competitive practices and higher prices of retail grocery monopolies.

Sun Cable hopes to start construction of the world's largest solar farm in 2023. Sun Cable
A large expanse of Australia's deserted Outback will house the world's largest solar farm and generate enough energy to export power to Singapore, as The Guardian reported.
Read More Show Less

EcoWatch Daily Newsletter

Construction on the Muskrat Falls hydroelectric station in 2015. Government of Newfoundland and Labrador / CC BY-NC-ND 2.0

By Tara Lohan

In 1999 a cheering crowd watched as a backhoe breached a hydroelectric dam on Maine's Kennebec River. The effort to help restore native fish populations and the river's health was hailed as a success and ignited a nationwide movement that spurred 1,200 dam removals in two decades.

Read More Show Less

Trending

We pet owners know how much you love your pooch. It's your best friend. It gives you pure happiness and comfort when you're together. But there are times that dogs can be very challenging, especially if they are suffering from a certain ailment. As a dog owner, all you want to do is ease whatever pain or discomfort your best friend is feeling.

Read More Show Less
A new study has revealed that Earth's biggest mass extinction was triggered by volcanic activity that led to ocean acidification. Illustration by Dawid Adam Iurino (PaleoFactory, Sapienza University of Rome) for Jurikova et al (2020)

The excess carbon dioxide emitted by human activity since the start of the industrial revolution has already raised the Earth's temperature by more than one degree Celsius, increased the risk of extreme hurricanes and wildfires and killed off more than half of the corals in the Great Barrier Reef. But geologic history shows that the impacts of greenhouse gases could be much worse.

Read More Show Less
Coronavirus-sniffing dogs Miina and Kössi (R) are seen in Vantaa, Finland on September 2, 2020. Antti Aimo-Koivisto / Lehtikuva / AFP/ Getty Images

By Teri Schultz

Europe is in a panic over the second wave of COVID-19, with infection rates sky-rocketing and GDP plummeting. Belgium has just announced it will no longer test asymptomatic people, even if they've been in contact with someone who has the disease, because the backlog in processing is overwhelming. Other European countries are also struggling to keep up testing and tracing.

Meanwhile in a small cabin in Helsinki airport, for his preferred payment of a morsel of cat food, rescue dog Kossi needs just a few seconds to tell whether someone has coronavirus.

Read More Show Less

Support Ecowatch