Amazon Settles FTC Prime Deceptive Practices Suit for $2.5 Billion
The Federal Trade Commission (FTC) has reached a $2.5 billion settlement with Amazon, addressing allegations that the retail giant engaged in deceptive practices related to its Prime service. Under the agreement, issued by Judge John H. Chun of the Western District of Washington, $1.5 billion will be allocated to consumers affected by these practices, with…