FTC and 22 states sue Amazon over secret ad price inflation scheme

On August 31, the Federal Trade Commission and 22 state attorneys general filed suit against Amazon, alleging the company secretly inflated advertising prices through hidden surcharges affecting over 1 million advertisers. Regulators claim sellers and brands were overcharged by tens of billions of dollars.

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FTC, States Sue Amazon Over Secret Ad Surcharge Scheme

rss:ftc-pressprimary29d ago kagi ↗

FTC and 22 state attorneys general allege Amazon concealed unfair charges in its digital advertising auction pricing Today, 22 states joined the Federal Trade Commission in filing suit against Amazon, alleging that the company engaged in deceptive and unfair practices that secretly inflated prices in its online search advertising auctions. View Press Release

FTC, 22 states sue Amazon over ad auctions

kite:techother29d ago kagi ↗

The Federal Trade Commission and 22 state attorneys general sued Amazon in the U.S. District Court for the Western District of Washington on Aug. 31, accusing the company of manipulating ad auctions on Amazon.com and its mobile app [nytimes.com#1][slashdot.org#1][mashable.com#1][geekwire.com#1][bbc.co.uk#1][cbsnews.com#1]. The complaint says Amazon “secretly and systematically overcharged” about 1

FTC sues Amazon over alleged $20 billion ad overcharges

kite:businessother29d ago kagi ↗

The Federal Trade Commission and 22 states sued Amazon on Monday in the U.S. District Court for the Western District of Washington, alleging the company secretly inflated prices in its online advertising auctions and overcharged about 1.2 million advertising customers, including more than 500,000 small and medium-sized businesses [cnbc.com#1][cbsnews.com#1][npr.org#1][wa.gov#1]. The complaint says