Friday, 06 April 2018 10:40

Why Trump is Attacking Amazon

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(Washington)

The Wall Street Journal says that the source of Donald Trump’s push to regulate Amazon has nothing to do with tech industry issues or the Post Office. They say it is personal. In particular, the WSJ contends that Trump’s anger is personally directed toward Amazon CEO Jeff Bezos, who owns the Washington Post, a publication with which there is mutual ire with Trump. The president dislikes the Post’s coverage of him, so he attacking Amazon as a proxy, says the WSJ.


FINSUM: If you are in investor in Amazon, then this is likely good news, as Trump’s ire might just be hot air that doesn’t materialize into any new rules.

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