antitrust / 1 posts found

Amazon just might test how powerful is too powerful for a tech company

Comments are off for this post.
Donald Trump, Microsoft CEO Satya Nadella, and Amazon CEO Jeff Bezos at a meeting of tech leaders at the White House earlier this year.Image: Chip Somodevilla/Getty Images Amazon is arguably the most feared name in all of consumer business at the moment. The online shopping juggernaut is smothering retail chains, spooking supermarkets, and steamrolling into probably half a dozen other sectors on the side. And its forward momentum shows no signs of slowing. That unnerving power has led some Washington lawmakers to wonder how this so-called “everything store” jibes with laws designed to keep any one corporation from gaining too […]