Amazon to Pay $2.5 Billion Settlement Over ‘Deceptive’ Prime Practices
Amazon is set to pay a multi-billion-dollar fine to settle claims that it misled customers into renewing their Prime subscriptions. The Federal Trade Commission announced on Thursday that it had settled the case with a $2.5 billion fine, of which $1.5 billion will go toward refunding customers. The settlement came just days after Amazon’s trial…