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Docket nos. 2:23-cv-01495. Federal Trade Commission, et al. v. Amazon.com, Inc. is a lawsuit brought against the multinational technology company and online retailer Amazon in 2023. The Federal Trade Commission (FTC), joined by the attorneys general of seventeen U.S. states, alleges that Amazon holds and abuses an online retail monopoly. [ 1][ 2]
The average incidence of suspected digital shopping fraud during the Cyber Five days -- the days from Thanksgiving, Nov. 23, through Cyber Monday, Nov. 27 -- was up a whopping 12% in the U.S ...
Internet fraud is a type of cybercrime fraud or deception which makes use of the Internet and could involve hiding of information or providing incorrect information for the purpose of tricking victims out of money, property, and inheritance. [ 1] Internet fraud is not considered a single, distinctive crime but covers a range of illegal and ...
Romance scams top the chart for the amount of money lost to digital fraud, with victims losing a total of $143 million in 2018, according to the Federal Trade Commission.
Amazon.com offers the option to add an item to a user's cart or purchase it immediately with 1-Click. The company has been criticized for its alleged use of patents as a competitive hindrance; its " 1-Click patent" [ 2] may be the best-known example. Amazon's use of the 1-click patent against competitor Barnes & Noble 's website led the Free ...
At least 101,000 Americans ages 60 and older were victims of digital fraud last year, with the average person losing $33,915, according to a new report from the FBI.. The biggest dollar-amount ...
Amazon only agreed to collect the 6.6% state sales tax, but there was no requirement to collect local sales taxes, which can bring total tax close to 10%. [ 16] This was an agreement between Amazon and Arizona, which mainly centered on Amazon's tax obligations because it maintains warehouses in Arizona.
Businesses must adapt to new digital fraud and scam threats. Diane Brady, Joey Abrams. August 15, 2024 at 6:15 AM. Moor Studio—Getty Images. Good morning. I’m fascinated with cybercrime—the ...