Amazon Sued by FTC and 22 States Over Ad Pricing
The FTC and 22 states filed a lawsuit accusing Amazon of inflating ad auction prices and costing advertisers billions. Amazon denied the allegations, stating its policies protect shoppers and keep costs low.
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Amazon.com Inc faces a federal lawsuit filed by the United States Federal Trade Commission and 22 state attorneys general over advertising sales practices. The complaint alleges the e-commerce giant artificially inflated auction prices for advertisers by at least $20 billion.
