Amazon reaches $2.5B settlement with FTC over 'deceptive' prime program

And just the past few minutes, some breaking news on Amazon. Let's get to Mackenzie Sagalos. Mac.Hey. So, just three 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 ...