The US Federal Trade Commission has sued Amazon, alleging the online retailer secretly overcharged advertisers through its ad auction system.
It said the practice generated over US$20 billion in hidden charges, which were ultimately passed on to consumers through higher prices.
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- The US Federal Trade Commission has sued Amazon, alleging the online retailer secretly overcharged advertisers through its ad auction system. It said the practice generated over US$20 billion in hidden charges, which were ultimately passed on to consumers through higher prices. 🧵1