in ,

Congress Begins To Ask If Amazon Is Getting Too Big, Antitrust Hearing Called

zerohedge.com / by Tyler Durden / Jul 14, 2017 3:08 PM

Is Amazon getting too big?

While that question has yet to be formally asked by the US government, on Friday we got a hint that it may be next on the agenda after the top Democrat on the House antitrust subcommittee, David Civilline, voiced concerns about Amazon’s $13.7 billion plan to buy Whole Foods Market and in a letter to the House Judiciary Committee, Reuters reports that the antitrust specialist has requested a hearing to look into the deal’s potential impact on consumers. And, as MarketWatch adds, “fresh off its biggest Prime Day yet, the Whole Foods Market Inc. bid, and a slew of announcements including Amazon Wardrobe, Amazon.com Inc. was the subject of two investor calls Thursday that raised concerns that it is getting too big.”

READ MORE

The post Congress Begins To Ask If Amazon Is Getting Too Big, Antitrust Hearing Called appeared first on Silver For The People.

Leave a Reply

Your email address will not be published. Required fields are marked *

US Congressman: Cryptocurrencies Need Tighter Rules

Bitcoin & All Cryptocurrencies Are Collapsing! We Are Witnessing The End of Blockchain!