FTC to File Suit Against Amazon Today Alleging Ad-Billing Manipulation
AMZN Amazon.com Inc
$259.93 -2.44%
View chart & analysis → - 1The FTC is expected to file a lawsuit against Amazon today over alleged ad-billing manipulation.
- 2The claim alleges Amazon secretly raised minimum ad prices over seven years, earning billions of dollars, with more than 20 state attorneys general joining the case.
- 3Amazon faces its third major FTC lawsuit, following last year's $2.5 billion Prime settlement.
This 3-line summary is compiled from the report below.
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