Amazon Slapped with Hefty $2.5 Billion Fine Over Deceptive Prime Subscription Tactics
American multinational technology company Amazon has been hit with a significant $2.5 billion fine by the Federal Trade Commission (FTC) for antitrust breaches. This penalty, which marks the largest civil fine in an FTC case, resolves a two-year-long dispute between the parties. The commission charged Amazon with allegedly misleading consumers into signing up for its Prime subscription service and subsequently making the cancellation process overly difficult.
As part of the settlement, Amazon is required to pay $1 billion in civil penalties and allocate $1.5 billion to refund approximately 35 million customers who were affected by the deceptive Prime enrollment tactics. While this is the largest penalty ever imposed on a firm in the FTC's history, it ranks as the second-largest in terms of funds recovered for victims. FTC Chairman Andrew Ferguson highlighted the
You may also like...
UCL Explodes: Brawl and Red Card Rock Controversial Monaco vs Man City Thriller!
A dramatic Champions League match saw Manchester City draw against Monaco due to a controversial late penalty. Erling Ha...
PSG Stuns Barcelona, Ending Undefeated Run with Ramos' Late Strike!
)
Paris Saint-Germain triumphed over Barcelona with a 2-1 victory at the Olympic Stadium, sealed by a late Goncalo Ramos g...
Sean Astin Leads SAG-AFTRA's Fierce Stance on AI, Vows Fight for Fair Compensation
The emergence of AI performer Tilly Norwood has intensified the debate on technology's role in Hollywood, leading SAG-AF...
Quentin Tarantino's Legendary 'Kill Bill: The Whole Bloody Affair' Hits Theaters for the First Time Ever!
Quentin Tarantino's complete vision, "Kill Bill: The Whole Bloody Affair," will finally receive its first nationwide the...
Trump Adviser's ICE Threat at Bad Bunny's Super Bowl Performance Draws Jay-Z's Fierce Defense
Bad Bunny's selection as the 2026 Super Bowl Halftime Show headliner has sparked political controversy, with a Trump adm...
Hollywood Split Scandal: Nicole Kidman Reportedly 'Blindsided' by Keith Urban's New Romance
Actress Nicole Kidman is reportedly "blindsided" by her sudden divorce from country singer Keith Urban after 19 years of...
Shocking Confession: Robbie Williams Reveals Decades-Long Secret Battle with Tourette's
Robbie Williams has bravely opened up about his mental health, revealing his experience with “inside Tourette’s” and his...
Olive Oil's Secret Power: How It Crushes Blood Pressure and Inflammation
:max_bytes(150000):strip_icc()/OliveOil-ea74e49fad5640da8c3f330d5ee132ef.jpg)
Olive oil, a cornerstone of the Mediterranean diet, offers substantial health benefits, from supporting heart health and...
