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Executive Summary

The FTC and 22 state attorneys general are suing Amazon for allegedly manipulating ad auction prices since 2019, claiming the company secretly inflated costs beyond the standard "second price" auction model and extracted over $20 billion from advertisers. The complaint states these higher advertising costs were largely passed on to American consumers through increased product prices. Amazon denies the allegations, saying average winning bids actually fell 50% between 2019 and 2024.

The FTC and 22 state attorneys general are suing Amazon for allegedly... - Amazon | PrivacyWire