Why a Trump-Led Antitrust Case Against Amazon Is a Long Shot
By Laura Stevens | Updated March 31, 2018 10:23 p.m. ET
President Donald Trump’s tweets against Amazon.com Inc. AMZN -3.20% have renewed investor concerns about the prospect of antitrust action being brought against the online retail giant.
But targeting Amazon on anticompetition grounds would be difficult, requiring an overturn of the principles that have guided U.S. antitrust enforcement for decades, policy experts say.
On Thursday and again on Saturday, Mr. Trump on Twitter blasted Amazon over its business practices and economic impact, saying the company should pay more in taxes and is “putting many thousands of retailers out of business.” The president’s tweets followed a report Wednesday from online news site Axios stating Mr. Trump was looking at more strictly regulating Amazon through antitrust law, sending the company’s stock down more than 4%.
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