Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

Amazon and the FTC have reached a settlement of $2.5% billion over claims the retail giant tricked users into purchasing Prime memberships. The lawsuit was actually filed back in 2023 under the Biden administration with the trial lasting just 3 days. CNBC senior markets correspondent Dom Chu joins us with more.Dom, what exactly were the terms of that agreement. >> This agreement includes a billion dollar in actual penalties and $1.5% billion in payouts to customers. That translates into roughly $51 for each ...