Unpacking the FTC’s case against Amazon

September 1, 2026

On Monday, the FTC, along with 22 states, sued Amazon, alleging that it deceived approximately 1.2MM advertisers on its platform by manipulating the mechanics that determined advertising auctions, resulting in more than $20BN in overcharges. At 181 pages, the lawsuit is long; Matt Levine, in his Money Stuff column, provided the best high-level, conceptual summary […]

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