Amazon may face penalties from potential FTC ad suit, Bloomberg News reports
Amazon. com may face a U.S. Federal Trade Commission lawsuit that could result in civil penalties, following allegations that the e-commerce giant misled advertisers, Bloomberg News reported on Tuesday.
The FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, citing people familiar with the matter. Several state attorneys general are also participating.
The agency has been investigating whether Amazon and Alphabet’s Google misled advertisers that place ads on their websites, Reuters reported last year.
