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Date: February 6, 2019
Contact: mediacenter@freeandfairmarketsinitiative.org

They Said It!
Former NYC Mayor Michael Bloomberg Says Amazon Unnecessarily Took Taxpayer Dollars In Proposed HQ2 Deal

Former New York Mayor Michael Bloomberg added his voice to growing list of high-profile New Yorkers opposed to $3 billion in taxpayer subsidies given to Amazon for HQ2.

“‘You read in the paper Amazon opened one of their new two headquarters, or are in the process of doing it, very close to here. It’s just right across the river,’ Bloomberg said during a 15-minute address on higher education inside his financial news service’s Manhattan headquarters. ‘But the reason they came here was not the tax breaks they got, which I didn’t think they needed.’” (POLITICO, “Bloomberg vs. Bezos: Ex-NY mayor knocks subsidies for Amazon,” Sally Goldenberg, 2.5.19)

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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.