Amazon.com Inc.’s longstanding antitrust issues could take center stage ahead of the presidential election, say Monness Crespi Hardt analysts. Tech companies are increasingly the focus of Trump administration investigations, with the Justice Department and the Federal Trade Commission looking closely at antitrust issues. Perhaps sensing a bigger fight brewing, Amazon (AMZN) , along with Facebook Inc. (FB) and Apple Inc. (AAPL) , ramped up their lobbying to record levels in 2019, with Amazon spending $16.1 million. Read More...
Amazon earnings preview: Antitrust chatter will pick up ahead of presidential election
Amazon.com Inc.’s longstanding antitrust issues could take center stage ahead of the presidential election, say Monness Crespi Hardt analysts. Tech companies are increasingly the focus of Trump administration investigations, with the Justice Department and the Federal Trade Commission looking closely at antitrust issues. Perhaps sensing a bigger fight brewing, Amazon (AMZN) , along with Facebook Inc. (FB) and Apple Inc. (AAPL) , ramped up their lobbying to record levels in 2019, with Amazon spending $16.1 million.
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