Jeff Bezos’s purchase of the Washington Post in 2013 may not have been his best business acquisition, but it still arguably rates among his best acquisitions. Precisely due to Amazon’s stupendous growth borne of a remarkable business that much of the world can’t live without, the purchase of Washington, D.C.’s most important newspaper signaled a degree of protection from the antitrust ankle-biters in Washington.
Was protection from the DOJ what informed the acquisition? There’s no way of knowing. Motives aside, the political class tends to attack the businesses most beloved by consumers. Since they do, and since Amazon is nothing if not beloved, Bezos’s buy was very wise; one that probably more than a few other brilliant business minds wished they’d completed themselves.
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