Amazon has agreed to a $2.5 billion settlement with the Federal Trade Commission over charges that it knowingly trapped customers into paying for Prime subscriptions, the agency announced Thursday.
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 Commission. The company ...
Amazon has agreed to pay what the Federal Trade Commission (FTC) has called a "historic" $2.5 billion settlement after it was accused of manipulating customers into getting and keeping Prime ...
Macy is a writer on the AI Team. She covers how AI is changing daily life and how to make the most of it. This includes writing about consumer AI products and their real-world impact, from ...
WASHINGTON (Gray News) - Amazon has started sending automatic refunds to customers who are eligible to receive a portion of the company’s billion-dollar settlement. According to the Federal Trade ...
The Federal Trade Commission is taking Amazon to court this week over the tech giant’s moneymaker Prime subscription program. In a trial set to last for the next month, FTC is claiming that Amazon ...
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Amazon Will Cough Up $2.5 Billion for 'Tricking' People Into Amazon Prime Subscriptions
On Monday, the Federal Trade Commission's lawsuit against Amazon began what was expected to be a lengthy trial. By Thursday, Amazon agreed to a whopping $2.5 billion settlement for misleading ...
We may receive a commission on purchases made from links. An Amazon Prime subscription comes with many perks, from free delivery to exclusive deals. But for those who love listening to music on demand ...
Andy Lustigman and Morgan Spina discuss the ‘FTC v. Amazon trial’ and offer insight on the broader implications as it relates to the negative option rule and other ways to remain compliant in the ...
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