E-commerce expert Jason Boyce expects the U.S. House, the U.S. Senate, state attorneys general, and the Federal Trade Commission to put a bright spotlight on Amazon’s market dominance and aggressive business practices.
“The way I see this is he is pushing Jassy into a human pincushion role for the antitrust fight they are facing over the next few years,” he said.
Boyce said Amazon has built a supply chain that is insurmountable by competitors ranging from Walmart to Google.
“We literally need to revamp the antitrust laws because they don’t meet the needs of the digital age,” he said. “Google wouldn’t exist today if legislators hadn’t taken on Microsoft in the ’90s for antitrust issues.”