Aug 31 : The U.S. Federal Trade Commission on Monday sued Amazon.com, with more than 20 U.S. states joining the lawsuit, according to court records.The agency planned to file a lawsuit, alleging Amazon manipulated prices for advertisements on its e-retail platform, the Wall Street Journal reported earlier in

Federal regulators and 22 states allege that the tech giant made billions by manipulating how much brands and sellers paid for ads on its platform.

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