Amazon to Pay $2.5 Billion Settlement Over Misleading Prime Sign-Up Practices
Amazon has agreed to pay $2.5 billion to settle a lawsuit brought by the U.S. Federal Trade Commission (FTC), which accused the tech giant of tricking millions of customers into enrolling in its Prime membership program and making cancellations unnecessarily difficult. Under the proposed agreement, $1.5 billion will be set aside for refunds to customers…