Amazon has about 100 lobbyists in DC and spent $13 million on lobbying, reports today’s WSJ. Amazon increasingly relies on the government for business contracts and to provide shipping via USPS. If the USPS raised its prices $1, it would cost Amazon about $1.8 billion.
Considering this information, it starts to make sense why Amazon owner Jeff Bezos bought the Washington Post newspaper.
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June 21, 2018