“ Goldman Sachs owns him , he will do anything they demand , ” Donald Trumptweetedlast year . He was have-to doe with to his opposer Ted Cruz . But now he ’s President of the United States and he has assembled therichest Cabinetin history . That fact forecast very well for Amazon CEO Jeff Bezos and his plans to take over the earthly concern .
https://gizmodo.com/just-in-time-amazon-patents-method-to-prevent-comparis-1796195563
The annunciation that Amazon is bidding $ 13.7 billion to take over the Whole Foods grocery chain is avery with child dealand manybelieveit ’s the first stair in building out an base that will bring Wal - Mart ( and everyone else ) to tears . But the mess still has to be approved by shareholder and regulator . According to a report card byThe Intercept , the very hoi polloi deciding if this merger raises antimonopoly concerns have some deep standoff to both parties involved with the deal .
Makan Delrahim is Trump ’s campaigner to wield antitrust subject at the Justice Department . He made it through Senate Judiciary Committee hearings this month and should be starting oeuvre soon .
According toThe Intercept , Delrahim has pass the last decade working in the private sector on uniting bargain and is consider to be very corporate well-disposed in such matters . AsThe New York Timesputs it , he airily believes that “ a monopoly is perfectly effectual until it pervert its monopoly power . ” For about 12 years , he has worked for the police firm Brownstein Hyatt Farber Schreck , which just happens to beregisteredto lobby on Amazon ’s behalf .
Over at the FTC , Abbott Lipsky is the play Director of the Bureau of Competition . Whole Foods has hire Lipsky ’s former jurisprudence firm , Latham & Watkins , to do the proceedings with Amazon .
So , two way oversee antimonopoly circumstance , the Justice Department and the FTC , and each political party in this unification has a well-disposed face in the best possible position at each agency . But that ’s not all .
Do n’t block the said Goldman Sachs . Atleast fiveof Trump ’s top people hail from the reviled investiture savings bank and of row , Trump ’s top strategist Steve Bannon is a former “ Goldman guy . ” Goldman CEO Lloyd Blankfein evencomplainedback in May that too many citizenry from his bank were joining the administration because of his “ fright of how it might look . ” Guess who ’s handling the bridge deck financing in the Amazon merger . It rhyme with Boldman Wax .
Tomorrow , the loss leader of the technical school world will gather once again to advise Trump on “ modernizing ” the political science . When the meeting wasfirst announced , Jeff Bezos name was on the guest lean . But now that the merging ’s date is so close , and Trump is more toxic than ever , the CEO ’s who were schedule to appear arefeeling shyabout confirming their attending . Surely , ol’ Bezos wo n’t allow Trump down .
[ The Intercept ]
AmazonGoldman SachsmergerTrumpWHOLE FOODS
Daily Newsletter
Get the good technical school , science , and culture newsworthiness in your inbox daily .
word from the hereafter , deport to your present tense .
You May Also Like
