Date: February 20, 2019
AMAZON’S TAXPAYER HANDOUT SCHEME IS FALLING APART, AND THAT’S GOOD FOR COMPETITION
HQ2 Backlash and Legal Battle Over JEDI Show Cracks in Amazon’s Anticompetitive Strategy
Robert B. Engel, chief spokesperson for the Free & Fair Markets Initiative (FFMI), released the following statement in response to the latest setbacks to Amazon’s pursuit of taxpayer dollars, including the opposition to massive subsidies for HQ2 and an investigation over possible conflicts of interests in the JEDI procurement process.
“The deafening backlash to Amazon’s HQ2 deal in New York and recent hurdles to the company’s allegedly rigged JEDI bid show that the company’s strategy of relying on an endless stream of taxpayer dollars is collapsing.
It’s a win for the economy because Amazon will have fewer taxpayer dollars to crowd out their competition in industry after industry.”
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