FTC vs. Amazon: manipulation worth $20 billions? 🚨 The FTC

UNUM | News2026/09/03 00:16:35

FTC vs. Amazon: manipulation worth $20 billions? 🚨 The FTC and 22 states have filed a lawsuit against Amazon, accusing the tech giant of manipulating prices in advertising auctions. According to the regulator, the algorithm manipulation resulted in an excess of $20 billions in revenue for 1.2 millions advertisers. Regulatory pressure on Big Tech is reaching its peak.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.