Amazon has started issuing payments to eligible Prime members as part of a $2.5 billion settlement over federal allegations that it misled customers. The online retailer agreed to the payouts in September to resolve a 2023 Federal Trade Commission lawsuit that accused Amazon of misleading customers into enrolling in Prime and making it hard for them to cancel…
Two consumers allege that Amazon misled customers by promoting false discounts on its site during its summer Prime Day sale. In a proposed class-action lawsuit filed in September in a federal court in Washington state, plaintiffs Cathy Armstrong of California and Oluwa Fosudo of Maryland claim that Amazon used “fictional” list prices to calculate its…
Federal regulators are accusing online real estate firm Zillow of paying rival Redfin $100 million to discourage competition in home rental advertising, harming both renters and property managers. In a lawsuit filed Tuesday in the U.S. District Court for the Eastern District of Virginia, the Federal Trade Commission alleged the companies struck an “unlawful agreement…
Amazon will pay $2.5 billion in fines and reimbursements to Prime subscribers to settle the U.S. Federal Trade Commission’s allegations that it deceived its customers to generate subscriptions, the agency said on Thursday. While a win for consumers and the FTC, the settlement is relatively painless for Amazon: the company takes in around $2.5 billion…
Amazon agreed to pay $2.5 billion to settle a Federal Trade Commission case over whether it duped customers into signing up for Prime and made it difficult for customers to cancel their membership. As part of the settlement, announced Thursday, Amazon will provide $1.5 billion in refunds to customers that were harmed by what FTC…
Amazon faces a court hearing in Seattle this week to face allegations by federal regulators that the e-commerce giant duped customers into signing up for its Prime membership while also making it difficult for them to cancel their subscriptions. The case, announced by the Federal Trade Commission in 2023, centers on claims that Amazon engaged in…
The Federal Trade Commission and state prosecutors on Thursday filed a joint lawsuit against Live Nation Entertainment and Ticketmaster accusing the event services of allowing brokers to scoop up event tickets and resell them at inflated prices, costing consumers billions of dollars. In a legal complaint filed in the U.S. District Court for the Central District…