Why it matters
The allegations concern costs for businesses buying ads on Amazon, including sellers seeking to reach customers during major shopping events. The article does not say whether the case has been resolved or what remedy the FTC seeks.
ECONOMY • UNITED STATES
FTC says Amazon tripled ad prices for Black Friday and Prime Day
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BLUF
The FTC alleges Amazon tripled ad prices for Black Friday and Prime Day and misled advertisers about the reasons for the increases, according to details from an August lawsuit. These are allegations, not findings described in the article.
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