HomeBusinessAmazon faces billions in penalties from potential FTC ad suit, Bloomberg News...

Amazon faces billions in penalties from potential FTC ad suit, Bloomberg News reports

(Corrects typo in paragraph 1)

June 16 : Amazon.com is facing a possible lawsuit from the U.S. Federal Trade Commission that may lead to billions of dollars in civil penalties over claims that the e-commerce giant misled advertisers, Bloomberg News reported on Tuesday.

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