Date: January 30, 2019
Contact: mediacenter@freeandfairmarketsinitiative.org

AMAZON IS FACING A MASSIVE TRUST DEFICIT GOING INTO SECOND NEW YORK CITY COUNCIL HEARING ON HQ2

 New Yorkers Are Rightfully Fed Up with Non-Answers from Amazon Executives

Robert B. Engel, chief spokesperson for the Free & Fair Markets Initiative (FFMI), released the following statement ahead of this morning’s New York City Council hearing on Amazon’s close-door HQ2 negotiations.

“Amazon’s filibuster strategy when it comes to public accountability around HQ2 is a flagrant attempt to keep New Yorkers in the dark until the company breaks ground in Queens. But stall tactics and the silent treatment simply won’t work when more than $3 billion in taxpayer subsidies are on the line.

“If Amazon serves up more of the same evasive non-answers to City Council today, lawmakers must call for an immediate pause to the process and demand that Amazon provide complete transparency before moving forward.”

###

ABOUT THE FREE & FAIR MARKETS INITIATIVE

The Free & Fair Markets Initiative (FFMI) is a non-profit coalition of businesses, consumer advocacy groups, workers and community activists committed to scrutinizing and highlighting emerging market trends that are stifling competition and innovation, influencing federal and local government spending, putting consumer data in harm’s way and limiting consumer choice. For a list of members, please visit https://freeandfairmarketsinitiative.org/about-us/members/. For more information on the Free & Fair Markets Initiative, please visit https://freeandfairmarketsinitiative.org.