Amazon Faces FTC Lawsuit Over Ad Pricing | US News

Amazon is under fire again as the FTC and 20 U.S. states sue over alleged deceptive ad pricing, accusing the company of secretly hiking minimum costs to trick advertisers—possibly costing them billions. This follows Amazon’s $2.5 billion settlement last year for misleading Prime subscribers, and comes as Amazon’s stock drops 3% amid mounting regulatory scrutiny over fair advertising and consumer practices. 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/1e0f1309fd31478b