Millions of Amazon shoppers might be getting a refund after the company agreed to pay $2.5 billion to settle a lawsuit over its Prime membership program. Economics
In a settlement with the FTC, Amazon will have to pay out over a billion dollars to US customers for “deceptive” sign-up and cancellation processes. Politics
Amazon will pay both the Federal Trade Commission and consumers directly to settle a lawsuit alleging that it used manipulative and deceptive tactics to encourage sign-ups for Prime. Economics
Amazon to pay $2.5 billion to settle claims it duped Prime customers Los Angeles Times Economics
Amazon agreed Thursday to pay $2.5 billion to settle allegations from a U.S. regulator that it used deceptive practices to enroll consumers in Amazon Prime and made it difficult to cancel subscriptions. Politics
The company will be required to pay a $1 billion civil penalty and provide $1.5 billion in refunds back to an estimated 35 million consumers harmed by the company's "deceptive Prime enrollment practices," the FTC says. Politics
Amazon has agreed to pay $2.5 billion to settle FTC allegations that the company "tricked and trapped" consumers into signing up for Prime memberships and hindered their attempts to cancel the subscription. FTC Chairman Andrew Ferguson said, "The Trump-Vance FTC is committed to fighting back when companies try to cheat ordinary Americans out of their hard-earned pay." The post Amazon Agrees to $2.5 Billion Settlement with FTC over Allegations of Deceptive Prime Practices appeared first on Breitbart. Politics
Amazon will pay back about 35 million Prime customers in settlement The Seattle Times Economics
Federal regulators say Amazon has agreed to pay a historic sum to resolve their allegations that its web designs manipulated millions of people into paying for Prime subscriptions, which were also purposefully hard to cancel. Affected shoppers are slated to receive payouts. Economics
