The Ecomcrew Podcast | E659: FTC Accuses Amazon of Billion Dollar Ad Scheme Since 2019
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Amazon is being sued by the FTC and 22 states across the entire US, alleging that Amazon has purposefully deceived third-party sellers regarding how their advertising auction system works. In this episode, Dave goes through the court fillings and press release by the FTC. As a seller, you should be very upset.
Timestamps
- 00:00 – Introduction
- 02:14 – Details of the FTC’s allegations
- 06:02 – How Amazon’s auction system has deceived sellers
- 12:13 – Internal documents from Amazon
- 16:04 – Potential impact
- 19:56 – What this means for Amazon
- 21:52 – Implications for Amazon sellers