Warren Buffett Braces for Antitrust Lawsuits Hitting Half His Stock

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The antitrust lawsuits against Visa, Mastercard, Amazon and Apple filed by the Biden administration might harm their shareholders, including the company of legendary investor Warren Buffett, Berkshire Hathaway, an expert told Newsweek.

Nearly half of the Omaha-headquartered holding company’s $364 billion portfolio—42.9 percent—is invested in Apple, with Berkshire Hathaway currently owning a 5.9 percent stake in the tech company.

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After the Vanguard Group, Berkshire Hathaway is Apple’s biggest backer. Buffett’s company also has holdings in both Visa and Mastercard, though combined they make up less than 1 percent of its total assets, as reported by The Motley Fool in December. A modest 0.5 percent of Berkshire Hathaway’s portfolio rests in Amazon.

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These four companies have all been served antitrust lawsuits by the Biden administration, as the government has focused on empowering U.S. competition authorities to counteract the growing influence of a handful of companies on the country’s market.

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