WASHINGTON — Before the year is out, Amazon customers could get more than $50 as part of the largest settlement payout ever awarded to the FTC.
The settlement comes after Amazon agreed to a $2.5 billion payout over alleged violations of a consumer protection law.
Approximately $1.5 billion will be paid out to customers, under the agreement Amazon reached with the Federal Trade Commission in September, with payments going out starting sometime in the fall.
The lawsuit stemmed from allegations saying the retail giant tricked customers into signing up for Prime memberships, then made it difficult for them to cancel.
According to settlement documents posted by the Federal Trade Commission , payouts will be capped at $51.
Prime users won't need to sign up for these payouts, and they'll be