Amazon reaches $2.5 billion settlement with FTC over 'deceptive' Prime program

So, just 3 days into its jury trial in a Seattle federal court, Amazon has reached a $2.5% billion dollar settlement with the Federal Trade Commission over claims that it used deceptive tactics to push customers into its $139 a year Prime program. Now, regulators saying Amazon tricked and trapped millions into subscriptions and then made cancellation confusing and difficult. FDC Chairman Andrew Ferguson is calling this penalty a monumental win for the agency under the Trump administration.Now, as part of th ...