BusinessQuiet 74d · day 74
FTC Accuses Amazon of Hiding Billions in Ad Fee Surcharges
Regulators say Amazon quietly inflated ad floor prices during peak shopping periods, costing merchants billions.
What to know
- FTC alleges Amazon artificially bumped ad floor prices during peak shopping periods.
- The alleged hidden surcharges on merchants' ad spending total billions of dollars.
- Amazon's stock fell following the report of the allegations.
Amazon Company accused by the FTCFederal Trade Commission U.S. regulator making the allegations
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