Amazon CEO says regulators acting outside the boundaries of the law


Source: seekingalpha.com seekingalpha.com

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Amazon (NASDAQ:AMZN) CEO Andy Jassy said that he believes regulators may be acting outside the boundaries of the law in some recent matters. Jassy was discussing the European Union's decision to block Amazon's (AMZN) purchase of iRobot (NASDAQ:IRBT) and reports that the Federal Trade Commission was also set to challenge the deal. The Amazon CEO was also addressing a question about the FTC looking into Amazon's partnership with Anthropic and Microsoft's (MSFT) relationship with OpenAI. "There are some acquisitions happening but we’re, you know, we’re consuming a lot of time and taxpayers money with what we’re doing right now, and...