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Monday, May 16, 2016

Why Isn't Amazon Sued For Anti-Trust Violations?

Amazon is moving in on more areas of commerce.  The latest is food delivery.  Since it started as a book seller, Amazon has moved into selling almost every non-perishable item on the internet.  As it has done so, Amazon has not been highly profitable.  Instead, it appears to have used its enormous size and its high profits in a few areas to let it undersell all the competition in other areas.  In other words, Amazon has acted in the classic fashion of a monopolist.  At least that's how it looks on the surface.  So here's the big question:  why hasn't the Justice Department stepped in at least to investigate Amazon's behavior?  Maybe there would be a finding that Amazon was justified in what it has done.  I doubt that, but without an investigation we just won't know.  Could it be that Amazon's principal owner and executives give so much cash to Democrats that they bought immunity for the company?

It's strange.  I hadn't really thought about Amazon acting as a monopoly until Donald Trump pointed it out over the weekend.  Trump said that the Washington Post (now owned by Amazon's principal shareholder Bezos) was attacking him in order to try to let Amazon avoid an anti-trust investigation in a Clinton administration.  It's a very insightful comment.

The truth is that the Democrats are in bed with big business and have been for many years.  It's funny that the Democrats nevertheless use that charge against the GOP.  The big Wall Street money goes to Hillary, not to the GOP.  The big conglomerate money goes to the Democrats, not the GOP; just look at what GE gave Obama or how much Buffett donates.  During the 1930s, the big money people supported the Republicans.  Since then everything has changed, but the Democrats still use that same argument.  It's time that America woke up to the truth.

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