#usstockscloseloweramazonsuedbyftc US STOCKS CLOSE LOWER — AMAZON UNDER PRESSURE
US stocks ended lower as investors digested fresh regulatory and geopolitical concerns. $AMZN took a hit after the FTC and 22 U.S. states sued Amazon, alleging the company manipulated digital advertising auctions and overcharged advertisers.
Amazon denies the allegations, but the lawsuit adds another layer of regulatory pressure on the tech giant. 👀#USStocksCloseLowerAmazonSuedByFTC
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