President takes aim at CIA-linked monopoly, Amazon

JD Wed, 08/16/2017 - 08:40

Trump’s comment hardly conveys new information, and underscores what Dick’s CEO Ed Stack said yesterday during his striking conference call in which he said the retail industry is in “panic mode”, liquidating inventory to keep market share, and hit by a “perfect storm” in which Amazon is a key culprit: “Dick’s is another example of Amazon becoming the new middleman… Here we go down the gross margin rabbit hole just in time for the holidays.”

The question, of course, is whether the tweet is indicative of another policy shift by the Trump administration, one in which the president will focus on the giant online retailer as a potential monopoly and bring up anti-trust considerations, potentially sparking fears of a government mandated break up. Of course, Trump’s tweet may have simply been prompted by something he read in the Bezos-owned WaPo this morning, resulting in the angry tweet.

https://www.infowars.com/trump-hits-bezos-amazon-doing-great-damage-to-t...

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President Donald Trump slammed Amazon for hurting taxpayers in an early morning tweet Wednesday, blaming the company for Americans losing jobs.

“Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” Trump tweeted.

Trump has criticized Amazon and its owner, billionaire Jeff Bezos in the past, claiming Bezos bought The Washington Post to help Amazon.

http://dailycaller.com/2017/08/16/trump-criticizes-amazon-for-putting-re...

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