Business & Economy · 4 views
Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees
Regulators claim Amazon artificially bumped up floor prices during peak shopping periods, adding surcharges to merchants’ ad spending.
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Business & Economy 
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Amazon’s shares fell after the FTC alleged the company raised floor prices during peak shopping periods and imposed hidden surcharges on merchants’ advertising spend. The regulator’s claim suggests the practice inflated costs for sellers.
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