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businessCovered by 2 outletsUpdated 1d ago

US trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges

Image: Financial Times

FTC alleges in lawsuit that online retailer ‘secretly and systematically overcharged’ advertisers for years The US’s main trade regulator and 22 states sued Amazon on Monday, alleging the online retailer “secretly and systematically overcharged” advertisers on Amazon.com. The Federal Trade Commission (FTC) said these practices led to higher costs for customers on items like groceries and other…

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The Guardian BusinessUS trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges1d agoFinancial Times🔒US regulator sues Amazon for manipulating advertising prices1d ago