Amazon Just Got Sued - What's Next For The Stock? (September 2023)

Join 10,000 investors: https://www.overlookedalpha.com Amazon is also accused of coercing third-party sellers into using its own fulfillment and delivery services. This gets more products into the Amazon Prime ecosystem, and again, increases overall prices while blocking competition. Although Amazon stock dropped on the news, this lawsuit should not come as a surprise since it’s been in the pipeline for several years. It’s going to take some time to play out but its arguments seem rather thin. After all, Amazon has got where it is today by giving consumers the most value possible. It’s enabled thousands of small businesses to easily sell their products online. And Amazon has invested billions of dollars into fulfillment and delivery services. This is not a low risk thing to do but it’s been done to improve delivery speeds for millions of customers. #investing #overlookedalpha #stockmarket #stocks