Is Amazon Violating Antitrust Laws? Acclaimed Journalist and Financial Guru Jeff Yastine Investigates the Growing Retailer

Jeff Yastine is one of Banyan Hill Publishing’s many editors, specifically writing the Total Wealth Insider publication; He also contributes to Sovereign Investor Daily and Winning Investor Daily. He joined the publishing company in 2015 and has approximately two decades of experience as an investor and financial journalist. His experience stems from his position as an anchor on the PBS Nightly Business Report from 1994 to 2010, the show itself being an Emmy-nominee because of his contributions. Other positions include a Director of Financial Newsletter position at NewsMax from 2013 to 2015 and Editorial Director at The Oxford Club from 2011 to 2013. As for education, Jeff Yastine earned his bachelors in Telecommunications from the University of Florida in 1986. Read more at crunchbase.


Many look up to Yastine for his critically-acclaimed financial advice, with recent advice being related to online-shopping giant Amazon. Jeff Yastine stated that Amazon’s convenient and fast shopping may be coming to an end as it may have violated antitrust laws without anyone knowing. He exclaimed that Amazon has been in a constant state of unchecked power and that most people ignore this or fail to recognize it because of the company’s monumental success and convenience in the industry. The journalist also claimed that Amazon is starting to threaten free trade and that if it isn’t stopped it will reach the status of a monopoly and destroy the retailing industry.

At first, many criticized Jeff Yastine’s statements, but recently his concerns have been shared by other businessmen and even members of the government. President Trump has revealed disdain for the company’s current policies and has stated that Amazon has cost tax payers billions of dollars due to their shipping policies. Bill Simon, the former CEO of Walmart, has backed Yastine’s statements, stating that Amazon’s current practices are somewhat “predatory” and definitely “anti-competitive.” Yastine cites the current state of the retailing industry for his claims, stating that 26 huge companies in the retail industry have filed for bankruptcies in 2017. In 2018, this trend has continued and more retailers have continued to close, including Bon-Ton and Claire’s. Jeff Yastine also states that Amazon has advantages that other companies can never hope to replicate. These advantages, according to him, come from Amazon’s inventory that seems to have limitless variety and supply. He says that because of this advantage, Amazon can simply match or out-price competition when it arises. Read more: http://releasefact.com/2018/01/jeff-yastine-highlights-little-known-industry-with-tremendous-potential/

 

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1 comment

  1. This is actually not the first time that we are getting the news of a top business mogul violating laws that be and on most occasions they go unpunished. Though the facts are not yet proven I think that rushmyessay paper writing services have some mush on him already that is worthy of consideration. Amazon as we know is the biggest online retailer that exist so its inevitable in my opinion to falter.

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