Amazon has settled a multi-billion dollar case in which the FTC alleged Amazon misled members about its Prime services.
Some Amazon customers could get cash from the retail giant as part of its $2.5 billion settlement with the Federal Trade Commission. On Sept. 25, the FTC announced it secured the "historic" order to ...
As part of the $2.5 billion settlement, Amazon must pay a $1 billion civil penalty. The e-retailer must also provide $1.5 billion in refunds to some prime customers harmed by their “deceptive” ...
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Amazon to Pay $2.5 Billion Over Prime Subscriptions
(Bloomberg) -- Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade ...
The settlement is one of the largest in the history of the Federal Trade Commission, which sued Amazon two years ago. By Karen Weise and Cecilia Kang Reporting from Seattle and Washington Amazon ...
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