Amazon Settles FTC Prime-Cancellation Investigation for $2.5 Billion — $1.5 Billion to Reach Consumers
Amazon has officially settled an FTC investigation centering on “deceptive methods” used to drive Prime sign-ups and render cancellations “exceedingly difficult.” The Federal Trade Commission put out a formal release concerning the $2.5 billion settlement, which itself spans 26 pages. All told, Amazon will pay a $1 billion civil penalty, while the remaining $1.5 billion […]Read More
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