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FTC and 22 States Sue Amazon Over Alleged $20 Billion Advertising Fee Scheme
TechnologyReutersbloombergNYT+16wsjFTThe GuardiancnbcfazBarron'sglobe-and-mailorf+8 more35m ago19 sources

FTC and 22 States Sue Amazon Over Alleged $20 Billion Advertising Fee Scheme

The Federal Trade Commission and a coalition of 22 state attorneys general have filed a lawsuit against Amazon, accusing the company of deceiving advertisers through hidden surcharges and manipulative pricing. The legal action follows market reactions that saw Amazon shares dip on reports of the impending suit.