$2.5B settlement over Amazon Prime
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Of the $2.5 billion settlement, $1 billion is earmarked as an FTC fine. The remaining $1.5 billion is being divided among eligible claimants, based on the total Amazon Prime membership fees they paid during their subscription. Individual payouts are capped at $51 per claimant.
The window has opened for some U.S. Amazon Prime customers to seek refunds under a $2.5 billion settlement Amazon reached with the Federal Trade Commission.
Amazon is paying $1.5 billion to people who mistakenly subscribed to Prime, and the first round of payments are due today.
Amazon Prime users who unknowingly signed up for the monthly service may be eligible for a payment as part of a $2.5 billion settlement. The online shopping giant and the Federal Trade Commission agreed to a settlement stemming from claims that Amazon ...
In preparation for the holiday shopping season, Amazon today announced a convenient new way to send gifts through its mobile app. Instead of entering the recipient's mailing address -- a piece of information people often don't know in today's age of ...