Amazon to pay $2.5B in FTC settlement over 'deceptive' Prime tactics | NYGazet

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.

Amazon has agreed to pay $2.5 billion to settle a lawsuit from the Federal Trade Commission (FTC) over allegations that it duped users into paying for Prime subscriptions and made it hard to cancel memberships. The company will be required to pay a $... [2356 chars]