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Amazon to Pay $2.5 Billion to Settle FTC Lawsuit Over Prime ‘Subscription Traps’

The e-commerce giant is also facing a separate case brought by the FTC that the company built and maintained an illegal monopoly.
Amazon, Shopify strike deal to open Amazon logistics to sellers.
In a statement, the FTC said $1.5 billion of the total will go into a fund to repay eligible subscribers, on top of a $1 billion civil penalty. (Shutterstock)
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Amazon has agreed to pay $2.5 billion in fines and redress to Prime subscribers to settle a lawsuit by the US Federal Trade Commission (FTC), which accused the retail giant of signing users up for the service without their consent and making it difficult to cancel.

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