Twenty U.S. states allege Amazon inflates ad costs
More than 20 U.S. states and the Federal Trade Commission have filed a lawsuit against Amazon, accusing the company of manipulating advertising prices on its platform and engaging in misleading practices by raising the minimum prices for paid ads. Reports indicate that advertisers suffered damages worth billions of dollars due to the increase in advertising costs, and the states may seek to impose civil fines and recover some of these funds. In September, Amazon agreed to pay fines and refunds totaling $2.5 billion to settle charges related to misleading customers and illegally collecting subscriptions.
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