THE LEX COLUMN: Amazon investors should be wary of regulators’ threat

Six years ago Amazon’s Jeff Bezos offered some blunt advice to panicking competitors. Complaining is not a strategy, he said. But since then the chorus of critics has only got louder.

As the online retail company turns 25, it deservedly finds itself in the sights of antitrust regulators.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

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PIC INQUIRY: Dan Matjila finally makes his debut before Judge Lex Mpati – but gets off to a rough startMore than 70 witnesses have already appeared before Judge Lex Mpati, who is heading the commission of inquiry into the Public Investment Corporation in Pretoria. On Monday, the inquiry began, at last, hearing evidence from the fund manager’s former chief executive, Dr Daniel Matjila. You make it sound as if he is in the running for an Oscar. An Oscar of Pissedstorius for morals that sprouted legs and fled.
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