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The Independent UK
The Independent UK
Business
Ariana Baio

FTC files landmark lawsuit claiming Amazon deceived advertisers out of billions

The Federal Trade Commission and a coalition of 22 states are suing Amazon for “secretly and systematically” overcharging advertisers on its platform, ultimately bringing in more than $20 billion over seven years.

The complaint, filed in a Washington federal court Monday, accuses Amazon of manipulating the minimum price that advertisers had to pay to place ads on the e-commerce giant’s website.

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