Questions From My Blog On Wild Oats Merger
by John Mackey, June 27, 2007 | Permalink
By John Mackey
First I want to express my appreciation to everyone who sent positive and supportive comments on my blog posting. I really appreciate your kind thoughts and your good will. I won’t respond to your comments below because there is nothing more that I can really add to what I just said. However, I want you to know that I really appreciate your support even if I don’t respond directly to your comment. Thank you very much.
The response to my blog, and the interest and passion the FTC’s complaint against the Whole Foods Market/Wild Oats merger has generated is fascinating. I find the great majority of passionate comments, e-mails, and letters fall into one of five categories:
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Whole Foods Market, Wild Oats, and The Federal Trade Commission
by John Mackey, June 19, 2007 | Permalink
by John Mackey
Executive Summary
The Federal Trade Commission (FTC) recently filed a complaint challenging the merger of Whole Foods Market and Wild Oats. Whole Foods Market intends to fight this complaint in court. My blog posting provides a detailed look into Whole Foods Market’s decision-making process regarding the merger, as well as our company’s experience interacting with the FTC staff assigned to this merger. I provide explanations of how I think the FTC, to date, has neglected to do its homework appropriately, especially given the statements made regarding prices, quality, and service levels in its complaint. I also provide a glimpse into the bullying tactics used against Whole Foods Market by this taxpayer-funded agency. Finally, I provide answers in my FAQ section to many of the questions that various Team Members have fielded from both the media and company stakeholders.
As stated in our initial press release about Whole Foods Market’s challenge to the FTC’s complaint, we set an intention as a company to be as transparent as possible throughout this process. This is my first detailed effort at transparency. We will provide additional information as we field new questions and receive updates on the proceedings from the FTC and the courts.
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Whole Foods Responds to FTC
by John Mackey, June 14, 2007 | Permalink
Many of you have probably heard about the FTC challenging our proposed merger with Wild Oats. Here’s a link to some detailed information that we presented to the FTC summarizing our case. Watch for a more extensive blog post from me next week.
