In brief

  • Ftc and 20 states sue Amazon over hidden advertising price hikes.

  • Regulators claim that secret deals increased the seller's click costs by 50% on peak days.

  • Amazon shares fell by 3%, wiping out about $86 billion in market value.

Read the original article Ftc sues Amazon for misleading advertising, how will the stock react? by Lockridge Okoth on pl.beincrypto.com