Amazon Ad Scheme Under Fire | New Orleans News

Amazon is under fire from the FTC and 22 states for allegedly manipulating its ad auction system with fake bids over seven years, inflating costs for sellers and ultimately raising prices for consumers — a scheme that could have netted the company tens of billions. The agency seeks penalties, restitution, and systemic changes, while Amazon counters it’s charging fair market value and that advertiser costs have remained stable when adjusted for inflation. This high-stakes legal battle, set in federal court, adds to Amazon’s recent $2.5 billion FTC settlement over Prime practices — and it’s just another chapter in the retail giant’s ongoing regulatory scrutiny. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/23ce5b5c16522d74