Amazon Sued by FTC and 22 States for 'Secretly' Overcharging Advertisers Since 2019

{"heading":"Internal Documents and Employee Concerns","subheading":"Internal Documents and Employee Concerns","content":["The lawsuit includes internal documents that show Amazon employees questioning the company's handling of auction pricing, with one memo acknowledging that 'Amazon's use of undisclosed reserve prices increases our short-term revenue, but hurts us in the long run.'","Despite these internal concerns, the practice of adding hidden surcharges to ad auctions continued for over six years, according to the lawsuit.","The FTC claims that this practice led to higher prices on the platform, which ultimately hurt American consumers."]}