Amazon has agreed to a $2.5 billion settlement with the Federal Trade Commission, which took Amazon to court over allegedly "deceptive" Prime membership signups, the regulatory agency announced Thursday. Amazon was accused of violating both the FTC Act and the Restore Online Shoppers’ Confidence Act (ROSCA).

Per the terms of the settlement, Amazon will pay a $1 billion civil penalty and provide $1.5 billion in refunds to an estimated 35 million customers. If every one of those customers received an equal amount, they would be entitled to a refund of $42.86.

In its suit, the FTC alleged that Amazon used deceptive practices to sign up customers for its signature Prime membership program. Not only that, but the FTC argued that Amazon trapped customers by making it excessively difficult to c

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