FTC Says That Amazon's Project Nessie Has Cost American Households More Than $1B
Portfolio Pulse from Benzinga Newsdesk
The Federal Trade Commission (FTC) has claimed that Amazon's Project Nessie has cost American households over $1 billion, according to a complaint cited by Reuters.
November 02, 2023 | 2:58 pm
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Amazon's Project Nessie is under scrutiny by the FTC, which claims it has cost American households over $1 billion. This could potentially lead to legal and regulatory challenges for the company.
The FTC's claim against Amazon's Project Nessie could potentially lead to legal and regulatory challenges for the company. This negative news could impact investor sentiment and put downward pressure on Amazon's stock in the short term.
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