It is not the first time we have heard rumblings of Amazon and antitrust issues. And as reported by Market Watch, some investors are pulling up shorts as they are hearing rumblings of the government getting involved.
I am shorting Amazon today because I have learned that there are currently early discussions and due diligence being considered in the legislative chambers in Washington DC with regard to possible antitrust opposition to Amazon’s business practices, pricing strategy and expansion announcements already made (as well as being aimed at expansion strategies being considered in the future,” wrote Kass, head of Seabreeze Partners Management.
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