Explore the latest developments concerning Amazon to pay.
Amazon to pay $2.5 billion in settlement: See how to claim your share
In a news release, the FTC said Amazon will be required to pay a $1 billion civil penalty, provide $1.5 billion in refunds to consumers harmed by shady enrollment practices, and cease unlawful subscriber and cancellation practices for Prime. (Photo credit should read CFOTO/Future Publishing via Getty Images)
On Sept. 25, Amazon settled a two-year civil suit with the Federal Trade Commission. In a news release, the FTC said Amazon will be required to pay a $1 billion civil penalty, provide $1.5 billion in refunds to consumers harmed by shady enrollment practices and cease unlawful subscriber and cancellation practices for Prime.
According to the FTC, it's the largest civil suit that stemmed from a rule violation and the second-highest restitution award obtained by the FTC.
Amazon users can claim one-time payment from ‘historic’ Prime settlement
Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Newest Portable 808nm Diode Laser Hair Removal Machine Cooling Head Painless Laser Epilator Face Body Hair Removal
Amazon to pay reimbursements for ‘duping’ Prime customers from $2.5 billion settlement — Here's how to claim your $51
Tech giant Amazon is set to reimburse customers for ‘duping’ them into Prime Video subscriptions and making the cancellation process obscure, after its agreed to a $2.5 billion settlement in a dispute with the United States Fair Trade Commission (FTC).
Of the $2.5 billion settlement, $1 billion would be paid in fines to the FTC and the remaining $1.5 billion is to be disbursed to affected customers, as per a Reuters report. Amazon has not admitted to wrongdoing as part of the settlement.
The FTC launched its antitrust lawsuit against Amazon in 2023, where federal officials alleged that Amazon duped millions of customers into subscribing to Prime and then making the membership “extremely difficult” to cancel.
0 Comments