Amazon to pay $2.5 billion settlement for ‘tricking’ millions of users into signing up for Prime — details here
By
Neha Kumari
Amazon has agreed to pay $2.5 billion in fines and reimbursements to Prime subscribers after the Federal Trade Commission (FTC) alleged that the company had used deceptive tactics to generate subscriptions.
Around 35 million Prime customers will be eligible for reimbursement from a $1.5 billion fund, whereas the company will pay the FTC the remaining $1 billion as a fine.
