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Whole Foods Launches Counterattack On FTC

Law360 (December 8, 2008, 12:00 AM EST) -- After spending more than $16.5 million defending its acquisition of rival Wild Oats Markets Inc., Whole Foods Market Inc. has filed a counterattack on the U.S. Federal Trade Commission, accusing it of being both prosecutor and judge in challenging the deal.

The lawsuit, filed Monday in the U.S. District Court for the District of Columbia, asks for an injunction barring the FTC from holding an administrative trial or from reviewing the case at all. The complaint says the commission “cannot, consistent with fundamental principles of due...
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