Amazon.com’s expansion plans, including its agreement to buy Whole Foods Market Inc. for $13.7 billion, are raising hackles in Washington — and Wall Street is taking notice.
A U.S. lawmaker has called for hearings on the proposed deal to
consider its ramifications for shoppers and workers. Hedge-fund manager
Doug Kass has taken a short position on the fast-growing online
retailer, saying government antitrust concerns will erode its value. In
June, Goldman Sachs issued a note questioning whether tech stocks are
overpriced and whether investors have overlooked the risks associated
with potential government regulatory issues.. . . more