00:00The Federal Trade Commission and 22 states are taking Amazon to court,
00:05accusing the company of inflating prices in its online advertising auctions.
00:09The lawsuit alleges Amazon deceived more than 1.2 million advertisers
00:14by presenting its ad marketplace as competitive,
00:17while using practices that increased what customers paid.
00:20Regulators say the alleged conduct could have affected advertisers
00:24across Amazon's enormous global marketplace.
00:27Amazon denies wrongdoing, arguing the government is misinterpreting internal communications
00:32and oversimplifying how its advertising system works.
