The Supreme Court ruled in June that states have the right to collect potentially billions of dollars in taxes from internet sales — a decision that left Amazon largely unaffected.
President Donald Trump is again taking aim at Amazon for « using » the U. S. Postal Service as its « delivery boy, » raising the possibility of bringing antitrust claims against the company.
Trump railed against the e-retailer and the newspaper — both owned by billionaire Jeff Bezos — in a series of tweets Monday morning, claiming the newspaper has « gone crazy » against Trump in the months since Amazon « lost the Internet Tax Case in the U. S. Supreme Court. »
Shares of Amazon fell nearly 2 percent in early trading following the President’s tweets.
The Supreme Court ruled in June that states have the right to collect potentially billions of dollars in taxes from internet sales — a decision that left Amazon largely unaffected .
The Trump administration has been notably tough on antitrust matters, blocking chip company Broadcom ‘s proposed acquisition of Qualcomm and challenging telecom giant AT&T ‘s merger with Time Warner.
This story is developing. Please check back for updates.
