Donald Trump said Amazon and Jeff Bezos have a ‘huge antitrust problem.’ Now they may!

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Donald Trump said Amazon and Jeff Bezos have a ‘huge antitrust problem.’ Now they may.

The president-elect is certainly one to hold grudges.

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.”

(Excerpt) Read more at recode.net ...
 

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Amazon CEO Jeff Bezos now world's second-richest person
March 30, 2017 -- Amazon CEO Jeff Bezos has surpassed Berkshire Hathaway leader Warren Buffet to become the world's second-richest person with a net worth of $75.6 billion.
The Bloomberg Billionaires Index shows Bezos, 53, increased his fortune by $1.49 billion after Amazon.com Inc. stocks rose $18.32 on Wednesday, a day after the company announced it planned to buy Souq.com, an online retailer based in Dubai.


Amazon CEO Jeff Bezos attends a technology roundtable meeting hosted by Donald Trump at Trump Tower in New York on Dec. 14, 2016. Trump invited the heads of various technology companies and members of his future cabinet to discuss regulations.​

Bezos now has about $700 million more than Buffett, who is valued at $74.9 billion, and $1.4 billion more than Amancio Ortega, the Spanish business tycoon who is valued at $74.2 billion who founded the Inditex multinational clothing company.

Bezos added $10.2 billion to his net worth in the past year. Microsoft co-founder Bill Gates remains the world's richest person with an estimated net worth of $86 billion. Facebook CEO Mark Zuckerberg, who added $11.4 billion to his fortune in the past year for a total net worth of $61.4 billion, is the fifth-richest person in the world.

Amazon CEO Jeff Bezos now world's second-richest person
 

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