Washington, D.C. — The American Economic Liberties Project released the following statement in response to news that Amazon will acquire One Medical for $3.9 billion.
“Allowing Amazon to control the health care data for another 700,000+ individuals is terrifying,” said Krista Brown, a Senior Policy Analyst at the American Economic Liberties Project. “Acquiring One Medical will entrench Amazon’s growing presence in the health care industry, undermining competition. It will also pose serious risks to patients whose sensitive data will be captured by a firm whose own Chief Information Security Office once described access to customer data as ‘a free for all.’ Amazon has no business being a major player in the health care space, and regulators should block this $4 billion deal to ensure it does not become one.”
To learn more, read Economic Liberties’ “Understanding Amazon” report here.
Learn more about Economic Liberties here.
The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.