FTC and states sue Amazon over allegedly inflated ad auction minimum prices
The Federal Trade Commission and 22 U.S. states sued Amazon, alleging the company secretly inflated minimum prices in advertising auctions for its advertising business.
Amazon.com Inc. (AMZN, Financials), the e-commerce and cloud giant, is facing a new legal challenge aimed directly at one of its fastest-growing businesses.
The Federal Trade Commission and 22 U.S. states sued Amazon, saying the corporation secretly inflated minimum prices in advertising auctions…