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Daniel Webster

Amazon Sued by FTC and 22 States Over Alleged $20 Billion Advertising Overcharge Scheme

Amazon FTC Lawsuit Letitia James New York Federal Trade Commission CNN e-commerce

Amazon advertising lawsuit — The Federal Trade Commission and attorneys general from 22 states sued Amazon on August 31, alleging the company manipulated its advertising auctions and overcharged more than 1.2 million advertisers by more than $20 billion. Amazon disputes the allegations and says it strongly disagrees with the lawsuit. MAXSHOT.PL/Shutterstock

Amazon is facing a new federal lawsuit accusing the e-commerce giant of secretly manipulating its advertising auctions and overcharging more than 1.2 million advertisers by more than $20 billion.

The Federal Trade Commission and attorneys general from 22 states filed the lawsuit on August 31, alleging that Amazon altered the results of auctions used to determine what businesses pay to advertise products on its shopping platform.

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Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

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One subscription that gives you access to news from hundreds of sites

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Prosecution for Threatening to Cut President's Face Off and Feed It to Stray Dogs Can Go to Jury

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