Aug 31 : The U.S. Federal Trade Commission plans to file a lawsuit against Amazon.com, alleging that the company manipulated prices for advertisements on its e-retail platform, the Wall Street Journal reported on Monday, citing agency officials.

The lawsuit covers a seven-year window of time and involves over 20 state attorney generals.

The FTC is preparing a lawsuit alleging Amazon deceived advertisers about its ad auction practices, with potential civil penalties reaching into