Amazon (AMZN) is facing an antitrust lawsuit from the FTC over allegations of abusing its position in the digital market space to boost prices and promote its products over third-party sellers. Main Street Research CIO James Demmert joins Yahoo Finance to give insight into how investors should be eyeing Amazon shares after these recent developments.
Demmert explains that this isn't the first time regulators have gone after a large corporation and that these types of lawsuits can "take months, if not years to resolve themselves." Demmert also notes the buying opportunity this presents for investors "on the weakness of this stock, and the weakness of this market."
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