Post AyZOWc1vH0ASePrwkC by cblte@nrw.social
(DIR) More posts by cblte@nrw.social
(DIR) Post #AyZM6kmPv2DOLo9sA4 by Nonilex@masto.ai
2025-09-25T15:51:22Z
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#Amazon to Pay $2.5 Billion to #Settle Claims It Tricked #Prime CustomersThe settlement is one of the largest in the history of the #FTC, which sued Amazon two years ago under the #Biden administration.#law #transparency #ConsumerProtection #fraud https://www.nytimes.com/2025/09/25/technology/amazon-ftc-settlement.html?smid=nytcore-ios-share&referringSource=articleShare
(DIR) Post #AyZMRHajdUGTuDU1Bo by Nonilex@masto.ai
2025-09-25T15:55:07Z
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#Amazon agreed to pay $2.5 billion to settle claims that it tricked tens of millions of people into signing up for its #Prime membership program, & then made it hard for #customers to cancel when they wanted out, the #FTC said Thursday.The #settlement came days into a #jury #trial that began in Seattle this week over the issue, which stemmed from a lawsuit filed by the FTC in 2023 under the #Biden admin.#law #transparency #ConsumerProtection #fraud
(DIR) Post #AyZMWG4UiN4sdhm8Ku by Nonilex@masto.ai
2025-09-25T15:56:01Z
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The lawsuit cut to the heart of how #Amazon defines itself as a champion for the hundreds of millions of #consumers who regularly use its online shopping service.The #settlement includes $1 billion in penalties and $1.5 billion in payouts to #customers, who could get $51 each if they qualify. The agency said it is one of the largest settlements in its history.Amazon admitted to no wrongdoing in agreeing to settle, the agency said.#law #transparency #ConsumerProtection #fraud
(DIR) Post #AyZMdSLFUbU8ip2oN6 by Nonilex@masto.ai
2025-09-25T15:57:20Z
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An estimated 200 million people in the United States use #Prime to shop on #Amazon. Subscriptions, primarily Prime, brought in more than $44 billion last year, but its value to Amazon goes far beyond the monthly fees. Prime members are the company’s best customers: they buy more things, & buy more frequently, than people who are not signed up for the service.#law #FTC #transparency #ConsumerProtection #fraud
(DIR) Post #AyZNJVR4NcAuToolt2 by lin11c@toad.social
2025-09-25T16:04:54Z
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@Nonilex Finally some consequences!!
(DIR) Post #AyZOWc1vH0ASePrwkC by cblte@nrw.social
2025-09-25T16:18:28Z
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@Nonilex @Aubrieta And where do the customers now benefit from this?