FTC alleges Amazon illegally made $20 billion by rigging billions of ad auctions
FTC says firm replaces actual ad-auction results "with higher prices set by Amazon." https://arstechnica.com/tech-policy/2026/09/ftc-alleges-amazon-illegally-made-20-billion-by-rigging-billions-of-ad-auctions/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
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@arstechnica there’s a reason the Amazon logo looks like a badly drawn dick. … Amazon, shafting everyone, everywhere
@arstechnica
Bezos is a greed junkie.
@arstechnica @pluralistic Corporations say they love free markets, but they love profit more. Free market for thee, fixed prices for me.
> Amazon’s response acknowledged that it uses reserve prices, saying it implemented the system because “relevant ads [were] increasingly winning at prices below market value.”
Isn't the price that won the auction the market price, because, you know, it's the price the market discovered?
#capitalism #freemarket #enshitification #amazon