Despite Jeff Bezos’s attempts to stay on Trump’s good side, Amazon has agreed to pay up $2.5 billion to settle a U.S. Federal Trade Commission (FTC) lawsuit over its allegedly questionable Prime subscription practices. And the Trump administration seems more than happy to claim credit for the huge settlement.
The FTC announced today that Amazon has agreed to settle a lawsuit accusing the e-commerce giant of deceiving customers into signing up for Prime subscriptions and then making it too difficult for people to cancel their memberships with a multi-step process, in violation of FTC rules.
Under the settlement, Amazon will pay a $1 billion civil penalty—the largest ever in an FTC rule-violation case—and provide $1.5 billion in refunds to roughly 35 million consumers affected by the unwan