#Tag
The lawsuit cut to the heart of how #Amazon defines itself as a champion for the hundreds of millions of #consumers who regularly use its online shopping service.
The #settlement includes $1 billion in penalties and $1.5 billion in payouts to #customers, who could get $51 each if they qualify. The agency said it is one of the largest settlements in its history.
Amazon admitted to no wrongdoing in agreeing to settle, the agency said.
#Amazon agreed to pay $2.5 billion to settle claims that it tricked tens of millions of people into signing up for its #Prime membership program, & then made it hard for #customers to cancel when they wanted out, the #FTC said Thursday.
The #settlement came days into a #jury #trial that began in Seattle this week over the issue, which stemmed from a lawsuit filed by the FTC in 2023 under the #Biden admin.
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