Retail

FTC greenlights 365 Retail Markets acquisition of Cantaloupe

Photo courtesy 365 Retail Markets

June 18, 2026

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The Federal Trade Commission has approved a final consent order allowing 365 Retail Markets to proceed with its $848 million acquisition of Cantaloupe Inc., but only after agreeing to measures designed to preserve competition in the micromarket kiosk industry. The FTC concluded that the merger would combine the two largest providers of micromarket kiosks, software and related services in the U.S., potentially leading to higher prices and reduced innovation. To address those concerns, the agency required 365 Retail to divest Cantaloupe's Three Square Market business to Seaga Manufacturing Inc., creating an independent competitor in the market.

The final order also includes provisions intended to maintain interoperability between kiosk hardware and back-office software, preventing the combined company from disadvantaging competitors through technology restrictions. In addition, 365 Retail must provide advance notice to the FTC of future acquisitions involving micromarket kiosks for the next 10 years.