Question: In June 2 0 1 7 , Amazon announced that it was purchasing Whole Foods for $ 1 3 . 4 B . While Amazon's
In June Amazon announced that it was purchasing Whole Foods for $B While Amazon's market cap immediately rose by $B following the announcement, effectively making Whole Foods a 'free' purchase, the stocks for the rest of the grocery industry tumbled.CNBC REALTIMESUPERVALUKROGERTARGETDOLLAR GENERAL COSTCOa a & Wed Feb gRelaunch to updaFrom a fiveforces perspective, why did grocery store industry stocks fall following the Amazon announcement? select all that applyThe bargaining power of substitutes went downThe bargaining power of suppliers decreasedThe bargaining power of buyers went up
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