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Reuters

Amazon to pay $2.5 billion for alleged duping over Prime sign-ups

Reuters · Just In
Reuters
Reuters
Just In

Amazon.com will pay $2.5 billion in fines and reimbursements to Prime subscribers to settle the Federal Trade Commission's allegations that it deceived its customers to generate subscriptions, the FTC said.

Breakdown
  • Amazon to pay $2.5 billion after settling with the FTC over Prime sign-up practices. 7s
  • FTC alleged Amazon rejected changes for clearer sign-up and cancellation from 2017 to 2022. 19s
  • Settlement includes $1 billion in fines and $1.5 billion in customer payouts. 48s
  • Amazon will add a clear button to decline Prime subscriptions. 1m 18s
  • Analysts say the settlement is unlikely to affect Prime's popularity. 1m 47s
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