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US FTC alleges Amazon rigged $20bn in ad prices; company denies
BBC World·US·about 20 hours ago
The US Federal Trade Commission filed a lawsuit against Amazon, alleging the ecommerce giant manipulated advertising prices and overcharged roughly 1.2 million businesses for product promotion. The claim is unproven in court; Amazon has not yet responded publicly. This adds to existing antitrust and regulatory pressure on Amazon, with potential implications for its advertising revenue and broader tech regulation.