📰 Media & Journalism 5d ago · Seb Joseph

WTF is the Amazon ad surcharge lawsuit?

Digiday
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WTF is the Amazon ad surcharge lawsuit?
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The Federal Trade Commission (FTC) and 22 state attorneys generals are suing Amazon alleging the company secretly overcharged advertisers in its search ad auctions for more than seven years. The suit was filed in the Western District of Washington.



Here’s what happened and why it matters. 



What did Amazon allegedly do?



Amazon told advertisers it was running a fair deal. Bid what you’re genuinely willing to pay, and you’ll only ever be charged one cent more than the next highest bid

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