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FTC accuses Amazon of secret price manipulation in advertising auctions
2 sourcesPublished · Updated
The Federal Trade Commission (FTC) and 22 states have filed a lawsuit against Amazon, accusing the company of secretly charging higher advertising fees on its platform. The lawsuit claims that Amazon has been increasing prices for over seven years without notice to advertisers.
Key facts
- $20 billion in alleged manipulation
- FTC lawsuit filed
- 22 states involved
- Over seven years of price increases
Amazon · Federal Trade Commission · FTC · United States · advertisers
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