### 6. Regulatory and Legal Environment
- Data privacy regulations (GDPR, CCPA) affecting operations
- AI governance and ethics regulations development
- Antitrust considerations in cloud computing space
- International trade policies and technology export controls
- Environmental regulations and ESG compliance requirements
- Intellectual property disputes or patent developments
Amazon stands at a regulatory inflection point. Antitrust litigation—both federal and a constellation of state actions—has shifted from background risk to immediate, potentially material legal exposure; the unsealing
