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Whole Foods Withdraws Promise to Label GMOs

While Whole Foods Market, founded in 1980, has been a leading retailer of organic produce in the U.S. for decades, the company has faced its share of criticism; in later years being accused of operating more like an industrial organic company rather than a local distributor of high-quality organic food.  In 2007, it bought its chief rival Wild Oats — an acquisition initially challenged by the Federal Trade Commission, which said the merger violated federal antitrust laws and provided Whole Foods unilateral market power that could raise prices and lower quality. The issue was eventually settled by selling off the Wild Oats brand and more than 30 physical store locations.  Read more...

 

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