Amazon Reaches $2.5 Billion Settlement Over ‘Deceptive’ Prime Program

The “historic” monetary judgement is among the largest obtained by the FTC, but former commissioners are concerned that the ...

Amazon to pay $2.5 billion to settle FTC allegations it duped customers into Prime

SEATTLE (AP) — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online ...

Amazon Just Learned a $2.5 Billion Lesson About How Not to Treat Customers

In 1997, Amazon’s founder and CEO, Jeff Bezos, told the company’s shareholders that the company’s focus would be to “obsess ...
Regtechtimes on MSN

Amazon’s prime trap backfires: $2.5 billion settlement after FTC crackdown

Amazon, the online shopping giant, has agreed to pay a historic $2.5 billion settlement after the Federal Trade Commission ...

Amazon pagará $2.500 millones para resolver acusaciones sobre inscripciones engañosas a Prime

Amazon ha alcanzado un acuerdo histórico de 2.500 millones de dólares con la Comisión Federal de Comercio, que le acusaba de engañar a los ...
El Mundo on MSN

Amazon to pay $2.5 billion in the US for deceiving its Prime customers

In exchange for avoiding a trial, Amazon agrees to a fine from the Federal Trade Commission and to create a fund to compensate for misleading new customers with unclear terms and an excessively ...