US trade regulator and 22 states accuse Amazon of taking $20bn with secret surcharges
- The US’s main trade regulator and 22 states sued Amazon on Monday, alleging the online retailer “secretly and systematically overcharged” advertisers on Amazon.com.
- “Amazon has millions of advertising customers who were misled into paying significantly higher prices.
- These higher costs were largely passed on to American consumers,” said Andrew Ferguson, the FTC chair.
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- The US’s main trade regulator and 22 states sued Amazon on Monday, alleging the online retailer “secretly and systematically overcharged” advertisers on Amazon.com.
- “Amazon has millions of advertising customers who were misled into paying significantly higher prices.
- These higher costs were largely passed on to American consumers,” said Andrew Ferguson, the FTC chair.
Sources: Guardian