FTC and 22 States Accuse Amazon of Secret Ad-Price Inflation

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Source: The Washington Post
FTC and 22 States Accuse Amazon of Secret Ad-Price Inflation
Photo: The Washington Post
TL;DR Summary

The Federal Trade Commission and 22 state attorneys general filed a lawsuit alleging Amazon secretly inflated ad prices by manipulating its ad auctions, affecting more than 1 million advertisers and allegedly raising billions for the company; Amazon says the charge misunderstands how its ads work.

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