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FTC to file lawsuit alleging Amazon deceived advertisers, WSJ reports
Source: reuters.com
Regulation & LegislationAntitrust & CompetitionCompany Fundamentals
The U.S. Federal Trade Commission plans to file a lawsuit against Amazon, alleging the company manipulated prices for ads on its e-retail platform. The Wall Street Journal report (citing agency officials) signals a meaningful regulatory overhang that could translate into legal costs and potential remedies, weighing on sentiment toward Amazon and its ad marketplace.
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