FTC slams 1-800-Contacts’ reciprocal PPC bidding agreements with 14 competitors

by Greg Sterling
The US Federal Trade Commission (FTC) announced that it was suing 1-800 Contacts for allegedly pursuing “anticompetitive agreements with rival online contact lens sellers that suppress competition in certain online search advertising auctions.” The FTC complaint alleges the bidding agreements “unreasonably restrain price competition in internet search auctions, and restrict t ...Read the full article