US Federal Trade Commission to sue Amazon for deceiving advertisers: Wall Street Journal
The Wall Street Journal reported on Monday – citing officials at the US Federal Trade Commission (FTC) – that the FTC plans to file a lawsuit against Amazon, accusing it of manipulating advertising prices on its e-commerce platform.
According to the report, the commission plans to file a lawsuit in federal court in Seattle, alleging that Amazon manipulated the prices companies paid for advertising on its platform over a seven-year period.8 percent on Monday following the Wall Street Journal report.
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