Why short Amazon? A possible bipartisan antitrust threat, says Doug Kass

As mentioned late yesterday, despite the enormous success of “Prime Day,” the continued expansion of product offerings and an all-time record stock price, Amazon.com Inc. (AMZN) is likely to face its greatest existential threat from regulatory agencies and legislators in Washington, D.C., over the next year:

“I am shorting Amazon today because I have learned that there are currently early discussions and due diligence being considered in the legislative chambers in Washington, D.C., with regard to possible antitrust opposition to Amazon’s business practices, pricing strategy and expansion announcements already made (as well as being aimed at expansion strategies bei

Source: Why short Amazon? A possible bipartisan antitrust threat, says Doug Kass

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