FTC and 22 states sue Amazon over alleged ad surcharge
By The BriefBrief
The FTC and attorneys general from 22 states sued Amazon, alleging it secretly inflated prices in online search advertising auctions. Regulators claim undisclosed surcharges were applied for seven years, raising costs for more than 1 million brands and sellers by charging winners their own price about 80% of the time.
WHO:Federal Trade Commission and attorneys general of 22 states
WHAT:Filed a lawsuit alleging Amazon secretly inflated online search advertising auction prices via undisclosed surcharges.
