Amazon to pay $2.5 billion for allegedly duping millions to sign up for Prime

Amazon will pay $2.5 billion in fines and reimbursements to Prime subscribers to settle the U.S. Federal Trade Commission’s allegations that it deceived its customers to generate subscriptions, the agency said on Thursday.

While a win for consumers and the FTC, the settlement is relatively painless for Amazon: the company takes in around $2.5 billion in sales every 33 hours. Shares of Amazon were nearly unchanged after the news.

Around 35 million Prime customers will be eligible for payout from a $1.5 billion fund, the FTC said. Amazon will pay $1 billion in fines to the FTC. The company did not admit wrongdoing as part of the settlement.

Visited 1 times, 1 visit(s) today

Related Article

Trump Should Be ‘Consigned to Trash Heap of History’

Bruce Springsteen admittedly “couldn’t care less” what President Donald Trump thinks of him.  In a new interview with Time Magazine, the “Born in the U.S.A.” singer reflected on his recents criticisms of the president. Some of his comments came during a May stop on The Land of Hope and Dreams Tour, where he slammed the

Trump approves TikTok deal through executive order at $14 billion

Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vice President JD Vance said values the business at $14 billion. The deal satisfies the requirements of a national security law requiring China-based

What does Ukraine make of Trump saying it can win the war? – DW – 09/25/2025

US President Trump has changed his rhetoric on Russia’s war against Ukraine. Writing on his social media site, Truth Social, he said Ukraine could “take back their Country in its original form and, who knows, maybe even go further than that!” Earlier, Trump had addressed the UN General Assembly in New York, where he met

A TV show has devised the perfect trap for celebrities. Many more are falling into it.

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In Hollywood, the pressures to glow up—to look sleeker and smoother and uncannily better—are so immense that not even hallways are immune. Consider the passageway between the backstage area and the set of The