Home > Business > Recent History: President-Elect Trump Warned Bezos About Amazon Monopoly

Recent History: President-Elect Trump Warned Bezos About Amazon Monopoly

Let’s state the obvious: Donald Trump and Amazon CEO, and Washington Post owner, Jeff Bezos do not see eye to eye. And that becomes a more concerning prospect for Bezos and Amazon now that Trump is president-elect.

In May, after learning of the large team of Washington Post reporters looking into his past, Trump told conservative TV commentator Sean Hannity that Bezos was using the paper to damage Trump’s chances because he feared what a President Trump would mean for Amazon.

“He thinks I’ll go after him for antitrust,” Trump said at the time. “Because he’s got a huge antitrust problem because he’s controlling so much, Amazon is controlling so much of what they are doing.

“He’s using the Washington Post, which is peanuts, he’s using that for political purposes to save Amazon in terms of taxes and in terms of antitrust.”

Trump’s campaign later reiterated this narrative in a statement claiming that the Post was being used as political leverage so Amazon doesn’t “get sued for monopolistic tendencies that have led to the destruction of department stores and the retail industry.”

Click here to continue reading…

SOURCE: JASON DEL REY 
Re/Code