E-Commerce: US authority sues Amazon - accusation of price manipulation in advertising
The plaintiffs accuse Amazon of secretly raising minimum prices for advertisements. In similar cases in the past, the group had settled out of court.
The US Federal Trade Commission (FTC) and over 20 states have sued Amazon for allegedly manipulating prices in advertising. According to court documents, Amazon secretly raised the minimum price advertisers had to pay, causing customers billions of dollars in damages. The FTC claims Amazon deceived advertising customers. The states may now seek civil penalties and try to recover some of the lost funds.
This lawsuit comes after Amazon settled with the FTC last year for $2.5 billion over allegations of misleading customers into Prime subscriptions.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
