Amazon has agreed to a record-breaking $2.5 billion settlement with the Federal Trade Commission (FTC) over allegations that it tricked millions of consumers into signing up for its Prime subscription service and made it nearly impossible to cancel.
The settlement announced on Thursday came days into a jury trial that began in Seattle this week over the issue, which stemmed from a lawsuit filed by the Federal Trade Commission in 2023.
According to the FTC lawsuit filed the in June 2023, the retail giant was accused of deceptive practices that enrolled customers in Prime without consent and deliberately complicated the cancellation process.… Read more



