FTC alleges Amazon illegally made $20 billion by rigging billions of ad auctions
The FTC accused Amazon of illegally collecting $20 billion from advertisers over seven years through manipulative bidding systems.
SummaryAI generated
The U.S. Federal Trade Commission (FTC) accused Amazon of illegally collecting approximately $20 billion from advertisers over a period of seven years by manipulating its advertising bidding system. The report stated that the FTC believes Amazon used its market dominance to engage in unfair practices.
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AmazonFTC
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