Amazon to Pay $2.5 Billion to Settle Prime Enrollment Allegations

Amazon has agreed to pay a $2.5 billion settlement to the FTC for allegedly misleading customers into signing up for Prime and making cancellations difficult, marking the largest FTC fine in history. The settlement includes $1 billion in penalties and $1.5 billion to affected consumers, addressing claims that Amazon violated online shopping laws and intentionally complicated Prime cancellations. Amazon denies wrongdoing but has agreed to the settlement to resolve the allegations.