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Phaeton

07/15/17 10:06 AM

#5127 RE: wine maker #5124

Wine maker. I agree with you and the regulators will have to stand down. Yesterday day there was this article where a RI congressman who is bought and paid for by CVS Caremark is starting to challenge Amazon in Congress.

He knows what is next for CVS Caremark. If Amazon Enter Pharma.

https://www.bloomberg.com/news/articles/2017-07-14/u-s-congressman-calls-for-hearings-on-amazon-s-whole-foods-bid

"U.S. Representative David Cicilline, a Democrat from Rhode Island, on Thursday wrote a letter to the chairman of the House Judiciary Committee requesting hearings about Amazon’s Whole Foods acquisition, saying the deal was part of a wave of consolidation that has “decreased wages and resulted in gross inequality in the workplace.”

“Amazon’s proposed acquisition of Whole Foods raises important questions concerning competition policy, such as how the transaction will affect the future of retail grocery stores, whether platform dominance impedes innovation, and if the antitrust laws are working effectively to ensure economic opportunity, choice and low prices for American families,” Cicilline wrote.

CVS Health Corp. is based in Rhode Island and analysts have speculated that Amazon could use Whole Foods’ retail locations to launch a pharmacy business."

We all know what is next for Amazon regarding Pharma. Buying Rite Aid would create the PERFECT STORM in the Pharmacy space. Even if its just buying Envision RX for the Mail order PBM business. They have enough employees to support that entry and purchase.

Buying the entire entity gives them a unique platform for their Amazon Go platform in the Rite aid stores. Can you imagine Rite aid store being merchandised with Amazon Go and Whole Food products. That would also help Amazon expand the Whole food platform.

Yep the perfect storm is ahead.
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Phaeton

07/15/17 10:08 AM

#5128 RE: wine maker #5124

Will you be attending the Shareholders meeting next week? Most of the meeting is a just a ritual so sometimes they are boring. But this one might be interesting to see who shows up and if there are any new investors at their COMING OUT PARTY.