The Federal Trade Commission (FTC) and 22 state attorneys general sued Amazon on Monday, accusing the company of running a years-long scheme that secretly increased prices in its online search advertising auctions.
The complaint alleges Amazon concealed unfair charges for more than seven years, and that more than 1 million brands and sellers paid substantially more to advertise on the platform as a result. Officials say the alleged practice likely siphoned tens of billions of dollars from those advertising customers.
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Read Full Article: https://www.theepochtimes.com/us/ftc-22-states-sue-amazon-over-alleged-secret-ad-surcharge-scheme-6081782/?utm_source=partner&utm_campaign=whatfinger
