'Amazon Poaching Federal Trade Commission Officials Ahead Of Antitrust Lawsuit' - NY Post
Portfolio Pulse from Happy Mohamed
Amazon is hiring numerous former Federal Trade Commission (FTC) officials in preparation for an impending antitrust lawsuit. The company has already hired around a dozen former FTC officials, including former FTC attorneys Brian Huseman, Amy Posner, and Sean Pugh. The FTC has already filed three lawsuits against Amazon and is expected to file an antitrust suit aiming to break up the company in the coming weeks.
June 29, 2023 | 8:46 pm
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Amazon's hiring of former FTC officials indicates the company is taking the impending antitrust lawsuit seriously. The lawsuit could potentially lead to the breakup of the company, which would significantly impact its business model and stock price.
The news of Amazon hiring former FTC officials indicates that the company is preparing for a significant legal battle. The potential antitrust lawsuit could lead to the breakup of the company, which would drastically alter its business model and likely negatively impact its stock price. This makes the news highly relevant and important for Amazon investors.
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