Amazon's 20-year run as a public company has defied all odds and expectations, and it continues to do so today, from purchasing Whole Foods Market to partnering with Berkshire Hathaway and JPMorgan to explore ways to lower healthcare costs.
But can regulators slow down its growth narrative by revisiting monopoly laws? Financial news site TheStreet asked several experts, including professor and chair of the economics department at Holy Cross Robert Baumann, to share their thoughts and predictions.
Amazon has a smart merging strategy in that it focuses on acquiring vertical and not horizontal competitors, Baumann said. As such, they are "unlikely to face regulatory backlash based solely on its acquisitions," Baumann told TheStreet. "It would take some 'existential abuse of power' to draw the real ire of antitrust regulators."
To read more, visit TheStreet.com.
Where is Amazon's Marketplace Dominance Headed? Holy Cross Professor Opines
TheStreet
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