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Amazon (AMZN) Sinks on Massive FTC Ad-Pricing Lawsuit

The FTC and 22 US states sued Amazon, alleging it secretly manipulated ad auctions to extract over $20 billion from advertisers. Seeking tens of billions in damages and structural changes, the lawsui…

Amazon Slides as FTC Files Massive Ad-Pricing Lawsuit

The FTC and 22 state attorneys general sued Amazon for allegedly misleading advertisers regarding search ad pricing, risking billions in civil penalties. Meanwhile, gold dipped on rate hike expectati…